Arsenal boss Arsene Wenger has put an end to speculation linking Arsenal with a last-gasp deal for Julian Draxler, insisting that the talented youngster 'will stay at Schalke'.
The Gunners' move for Draxler was been one of the most drawn-out sagas of the January transfer window.
Conflicting reports have suggested that both a deal for the 20-year-old could be close, with Arsenal officials reportedly in Germany to agree a fee, and that no talks had taken place whatsoever.
Draxler has a £37 million release clause in his contract and Arsenal would have to meet that figure if they want to sign him before the 11pm deadline tonight - something they are reportedly reluctant to do.
Now Wenger has poured cold water on the speculation, and is adamant that Draxler won't be joining the Gunners today.
"Draxler deal is not active. Anti-climax? I don't know what a climax is. There is always hope. It is superficial and artificial," the Arsenal boss told reporters.
[The] Draxler situation has been created by the newspapers, not by me. Nothing is happening on that front. He will stay at Schalke.
Wenger did confirm however that he was looking at making one new signing in midfield before the close of the window, and revealed that Aaron Ramsey faces a further six weeks on the sidelines after suffering a setback in his rehabilitation from a thigh complaint.
Despite that, and Mathieu Flamini's four game suspension for his red card in Arsenal's draw against Southampton, Wenger has opted to led Emmanuel Frimpong join Barnsley on loan.