It was claimed in several media reports that the North London club had failed to secure the Germany international’s prized signature on transfer deadline day.
The attacking midfielder himself admitted in February that there were ‘offers’ for him in January, and stated that Schalke’s general manager Horst Heldt rejected them without consulting him.
Draxler’s form dipped in the second half of the campaign as he finished with two goals and six assists in 26 Bundesliga appearances, helping the Royal Blues finish third in the league.
The 20-year-old, who is one of the best young players in Europe (click here to read more), has not been among the transfer targets of Arsenal or any other clubs this summer, but he hopes to be on the radars of big European teams in January or next summer.
‘The [buy-out clause of £37 million] stayed with me’, he told Bild. ‘I did not play like 20 clubs were ready to pay this sum for me last season. I have to become attractive to big clubs again’.
Despite his dip in form, Draxler remains one of the most promising young players and was part of the Germany team that won the 2014 World Cup in Brazil earlier this summer.
The youngster has made over 100 Bundesliga appearances since making his debut in January 2011, and in each of the past three years, the Gelsenkirchen-based outfit have finished in the top four of the German top flight.
It will not be easy for Schalke to keep hold of Draxler if he hits top form again this season, and Arsenal could return for the German.
The 20-year-old is certainly the kind of player that Wenger looks for: young, talented, attack-minded, disciplined and with potential.
Of course, at the moment Arsenal have no need for yet another attacking player, but things could change over the course of the next few months.