Arsene Zakharian was on the verge of a move to Chelsea before his contract expired in the summer.

Chelsea still intend to agree a deal for Russian international midfielder Arsen Zakharian despite difficulties completing a summer transfer, according to reports in London.

Zakharian, 19, appeared set to make a switch to the Premier League from current club Dynamo Moscow in August, only for a deal to fall through at the last minute.

Reports said the main issue was agreeing to pay a transfer fee of €15 million ($14.75 million) for Zakharian, amid Britain’s tough financial sanctions on Russia over the conflict in Ukraine.

Chelsea are according to the London Evening Standard. “Refuse to Give Up” on the deal before the transfer window reopens in January.

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“Chelsea are ready to meet his release clause ahead of the January transfer but there has been no progress in their talks so far.” wrote The Standard’s Chelsea reporter, Nizar Kinsella.

The report claims that previous negotiations have failed. “Due to FIFA and UEFA sanctions on signing Russian players”. – Although Dynamo Moscow board member Dmitry Gaffin said last month that the problem was financial.

“There was not enough time between the time the offer was received and the window closed – to resolve a technical issue.” Gafin said.

“It’s not just about [English] The FA – actually, the federation gets instructions from the clubs, and then there’s Barclays Bank, which should deposit the money into our account.”

It was claimed that Chelsea and Dynamo had one “oral contract” to revive the deal – but Gaffin warned that the young playmaker had also attracted interest from other major European clubs.

Additionally, there were rumors that Zakharian was looking to obtain Armenian citizenship in the hope that it would pave the way for a possible move to London, although Armenian football officials denied the speculation.

Read more:
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Zakharian is regularly listed among the world’s brightest young soccer prospects.

He has been capped four times by Russia’s senior national team, becoming the country’s youngest ever outfield player when he made his debut in a World Cup qualifying match against Croatia in Moscow last September.

At senior club level, Zakharian has played 64 times for Dynamo Moscow, scoring 15 times and providing 19 assists.

The youngster was on the scoresheet on Saturday as Dynamo secured a 3-1 win over cross-town rivals Lokomotiv Moscow.

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