Arsenal's "wild" search for £35m starlet faces frustation

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Schalke 04 general manager Horst Heldt has insisted that Arsenal are yet to make any formal contact over a proposed £35m move for Julian Draxler, declaring to the best of his knowledge the starlet is not actively looking to force through a switch, either now or in the summer.

Draxler's name has persistently mentioned in connection with Arsenal in the last fortnight, as the Gunners weigh up whether to look for fresh attacking alternatives following the season-ending knee injury Theo Walcott suffered against Tottenham Hotspur earlier this month.

The 20-year-old is rumoured to be available for a cool £35m but Heldt is adamant that the rumoured move is nothing more than "wild speculation" at this stage, challenging the Gunners to come up with a concrete offer if they are serious about signing one of the most exciting young talents in European football.

Heldt is quoted by The Mirror as telling German newspaper Waz: "I am not aware that Julian would like to leave us, neither in the winter nor in summer.

"There is no question of a bid regarding Julian. At the end of it, it's wild speculation, which takes place over there in England.

"The clubs would have to report to us if they were interested."

Chances of a January move from the Gunners have largely been scuppered by Draxler suffering a tendon injury, although the problem is thought to be much better than first feared and could see the German international return to light training early next week.

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