Arsenal are ready to offer up to £50million to secure the services of Wolfsburg's Julian Draxler, transfer market expert Emanuele Giulianelli has revealed.
The Germany international is a target for the Gunners according to a number of reports in Italy and England.
And manager Arsene Wenger is ready to make a new offer to add the youngster to his squad.
"Wenger isn't giving up Draxler despite reports. Player keen on the move but Wolfsburg don't want to sell. Arsenal willing to pay up to £50m," Giulianelli wrote on Twitter.
Meanwhile, Wolfsburg, club director Klaus Allofs has insisted that the 22-year-old will not leave the club this summer.
"With Julian Draxler it will be 100 per cent like this," he told German website Sport1.
"He will stay. There is no discussion."