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Arsenal can sign Wolfsburg forward Julian Draxler for a fee of €60m, according to reports.
The German international is being linked with a move to the Emirates and reports in Germany last week claimed the club had tabled a €50m bid to sign the 22-year-old.
But it appears the Gunners bid has been turned down as the German club is holding out for a larger fee.
According to Football Journalist Jan Aage Fjortoft via 101greatgoals.com, Arsenal have been told it will take a whopping €60m to sign the forward.
The football journalist revealed via his twitter account that the Gunners initial offer has been turned down.
“Arsenal offer 50 mill euro for Draxler” Bild and English papers quoting each other…. Wolfsburg say NO. Apparently 60 million YES”
It remains to be seen if Wenger would raise his bid for the winger. Arsenal are long-term admirers of Julian Draxler and Wenger recently watched the forward at the Euro 2016 again.
Manchester United and Liverpool are also interested in the forward.
Draxler joined Wolfsburg from Schalke 04 last summer and was impressive last season scoring 6 goals for the Bundesliga side.