Arsenal have submitted a £24.7m "take it or leave it" offer to Schalke for their attacking winger Julian Draxler, according to the Daily Star.
The Gunners have been strongly linked with the 20-year-old over the past week – and it appears that Arsene Wenger would prefer to secure the player's services now rather than in the summer.
With just two days to go before the January transfer window closes, however, Wenger has little time left to finalise a deal for the Germany international.
Draxler has a £37m release clause included in his current contract, but Arsenal have submitted a bid closer to £25m with potential add-ons.
Considering that Schalke would have little time to sign a replacement for Draxler, the chances of a deal being completed before Friday are slim; however, the Bundesliga outfit are reportedly interested in re-signing Tottenham's out-of-favour playmaker Lewis Holtby if Draxler leaves the Veltins-Arena.
It's believed that Wenger plans on converting Draxler from a winger into a centre-forward, just as the Frenchman did with Robin van Persie a decade ago.
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