Arsenal are reportedly set to make a transfer move for Schalke star Julian Draxler, according to the Metro website.
The Gunners are targeting a big name signing to excite their fan base and push for a title challenge.
However, it seemed that Juventus were set to win a deal as reports claimed talks had been opened.
But Schalke Sporting director Horst Heldt insists that they are not in talks with them.
‘Don’t trust the Italian media,’ he said.
‘We haven’t heard from Juventus for a long time, there are no negotiations. An offer was rejected before the match with Porto, the stories from Italy aren’t true.’