Schalke's in-demand starlet has been dubbed the 'rising star of German football', and with 78 Bundesliga appearances to his name at just 19 years of age, it's easy to see why.
Draxler impressed in the Champions League last season, scoring 11 goals in all competitions, with such form catching the eye of Arsenal and Manchester United, while Real Madrid have also been credited with an interest in the £60 million-rated man.
With Draxler having signed a new and improved contract extension which keeps him at the Veltins-Arena until 2018, Arsenal and Manchester United face a fight to land the German prodigy.
And Schalke's sporting director Horst Heldt is confident he can keep hold of the sought-after prospect, stating that only a British transfer record would tempt him into parting with Draxler.
"If we were to get an offer of £60m then things could change," he said.
"However (such an offer) is not expected. We want Draxler to be part of our future."
Manchester United boss David Moyes is on the lookout for reinforcements ahead of the transfer window slamming shut on September 2, with Everton duo Marouane Fellaini and Leighton Baines on the Old Trafford outfit's radar.
Meanwhile, Arsenal are desperately scouring the market in an attempt to add strength in depth, with French starlet Yaya Sanogo the only signing so far this summer.
Arsene Wenger's reluctance to splash the cash has seen him come under fire from certain sections of the Emirates faithful, though he did launch big-money moves for Gonzalo Higuain and Luis Suarez.
If Arsenal or Manchester United can tie up a deal for Draxler before deadline day, his arrival would appease those fans who are becoming restless with the transfer inactivity at two of the Premier League's biggest clubs.