MAJOR Transfer Update- Arsenal Target Set To Receive €12million annually

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Arsenal and Liverpool are set to lose out on Leon Goretzka’s signature as Schalke 04 refused to sanction his move away from the German club.

According to Marca, the Bundesliga side are ready to offer him a new and improved contract in order to keep him with the club.

Liverpool have been targeting the player since last winter, but couldn’t convince him despite their big-money offer.

Goretzka is set to receive €12million annually should he accept the contract offer from Schalke 04.

Arsenal are also in the race for the player’s service as they believe he is the ideal replacement for Mesut Ozil. The Gunners manager Arsene Wenger, has been trailing Goretzka performances so far this season and he is impressed with the feedback he’s gotten from his scouts.

Leon Goretzka 22, is currently one of the best midfielders in the world and Schalke are not ready to partway with him.

Liverpool who recently confirmed the signing of Southampton defender Virgil Van Dijk for a record fee of £75million, are trying all they can to prevent Phillippe Coutinho from leaving the Merseyside Club.

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