Bayern Munich chairman Karl-Heinz Rummenigge has ruled out a summer transfer bid for Arsenal target Julian Draxler.

As reported by The Guardian, Rummenigge has put an end tp rumours in the media that linked the defending Bundesliga champions with a move for the talented Schalke midfielder.

Arsenal were heavily linked with the €45m-rated Draxler during the January transfer window, and they're expected to go back in for the Germany international at the earliest possible opportunity this summer.

So the news that Bayern have no intention to rival the Gunners for the 20-year-old will be welcomed at the Emirates Stadium.

"We are not buying any player from [Borussia] Dortmund or Schalke just to hurt these clubs," Rummenigge said.

"We are just buying players who can give FC Bayern more quality straight away. I can rule out that we will sign Julian Draxler this summer."

Bayern have made a habit of poaching the top players in the Bundesliga from their closest rivals, first snapping up Mario Gotze from Borussia Dortmund last season before returning this year to complete a deal to sign Robert Lewandowski this summer.

But with Pep Guardiola's side out of the picture, Arsenal boss Arsene Wenger has been given a free run at Draxler in the summer.

The Gunners signed Draxler's Germany international teammate Mesut Ozil for £42.4m in the last summer transfer window - will Draxler follow this year?

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: