Chelsea are in pole position to land Arsenal, Liverpool and Manchester City transfer target Julian Draxler, according to German newspaper Bild.

The report claims the competition to sign the highly-rated 20-year-old playmaker is fierce, with the four Premier League giants jockeying for position ahead of a potential summer bid.

But Chelsea can offer something Arsenal, Liverpool and City cannot - the prospect of sending Kevin de Bruyne to Schalke as part of the deal.

The Bundesliga club have been linked with a move for the out-of-favour Chelsea star, who impressed on loan with Werder Bremen last season.

Any offer that included De Bruyne would shave off a chunk of the reported £40m asking price for Draxler, but Schalke would still expect a significant fee as well.