Arsenal are frantically trying to push through a deal for Schalke wonderkid Julian Draxler with Ivan Gazidis willing to pay £40m for the teenager according to reports today.

As we enter the final few days of the transfer window ‘panic mode’ is in full swing and it seems the latest target is 19-year-old German sensation Draxler.

We’ve heard a lot about this kid and we’ve been linked with him a few times in the past but the Mirror claim that we’ve now opened formal talks with Schalke with Ivan Gazidis said to have been working hard on Thursday and Friday to try and get a deal done for the attacking midfielder.

The board are willing to pay £40m but the newspaper says that Arsene Wenger has ‘major reservations’ about paying that amount. What a shocker eh?! Wenger refusing to pay the going rate? Never!

Sure £40m is silly money for what will be raw potential but that’s the market we’re working in and even £40m might not be enough as Schalke are understood to be demanding in the region of £60m.