Tottenham were apparently quoted a price of £30 million had they wanted to sign Schurrle and the club felt that this was simply too much to pay.
As a result, the German World Cup winner departed to join Wolfsburg and Tottenham finished a quiet January transfer window by announcing the signing of Dele Alli from MK Dons.
The possibility that Spurs contemplated buying Schurrle could be encouragement to the side's supporters though, as it would show that they are shopping for world-class stars as well as future prospects.
Tottenham did not make any marquee additions last summer and were almost inactive in the January transfer window, but they are clearly still on the look-out for players who can enhance their squad.
Schurrle would have done just that, but £30 million does seem an excessive price for a player who has never become a first-team regular at Stamford Bridge - even if he is a huge talent.
Spurs are expected to bring in a number of players in the summer, according to the Daily Mail - where they feel better value deals are available - and if they were in for Schurrle that should be encouraging that they are shopping in the right market to improve the side.