German newspaper Bild have this afternoon reported that Schalke's latest teenage wonderkid Max Meyer has a buyout clause of €25.5m in his current contract, with a new deal signed in December protecting the Bundesliga giants against losing the starlet on the cheap.
Meyer has been linked with both Chelsea and Arsenal in the past month following a breakthrough campaign in the Bundesliga, which has seen the 18-year-old score four times in 18 appearances.
Schalke face an agonising summer as they bid to keep hold of the teenage talent and playmaker supreme Julian Draxler, but according to Bild Royal Blues general manager Horst Heldt has placed a €25.5m release trigger in Meyer's latest contract signed.
Arsenal in particular will be well aware of Meyer's talents after scouting Schalke extensively over the last 12 months, although their attention has been firmly fixed on Draxler.
Chelsea have been most strongly mentioned in connection with a move for Meyer, although the Blues have been busy in the January transfer market securing other targets including Serbian midfielder Nemanja Matic.
Both Arsenal and the Blues now have a set price in mind when weighing up Meyer's acquisition against other summer transfer targets, although both sides have so far failed to make their rumoured interest concrete with a formal offer.