Arsenal have been told they must spend £40million to land Julian Draxler.

The Germany forward has been a long-term target for Arsene Wenger.

He joined PSG last year from Wolfsburg but the 24-year-old has failed to truly impress since.

Arsenal have long been admirers of Draxler and now they could be encouraged to make a move when the window re-opens for business.

PSG are determined to rival Manchester City for the signature of Alexis Sanchez.

And with the Gunners reportedly ready to listen to bids of £35m for the Chile international in January, Draxler could head in the opposite direction.