Talk regarding the future of the Schalke star is something that looks set to run all summer, with Manchester City also said to be interested.
Sky Sports Germany had speculated earlier this week that the 21-year-old may be interested in leaving Gelsenkirchen, with Schalke having finished in sixth place in the Bundesliga last season.
Following that news, the Star then linked Draxler with Arsenal once more, a club that have long held an interest in the Germany international, while also mentioning Manchester City as a possible interest party.
However, the forward's agent Roger Wittmann told German publication Bild that any news relating to a possible Premier League switch is way off the mark, emphasising that there wasn't anything new about reports top English clubs were following his client.
"There is no truth in these rumours," Wittmann is quoted as saying in Bild. "Of course, top clubs from the UK Premiership [Premier League] are tracking the progress of Julian (Draxler) for years now. But at this very moment there is nothing very concrete.”
Naturally, the chance to read something into his final few words is a little too tempting to refuse, but even if there was something on the horizon, or something a little but less possible than 'very concrete', it remains to be seen whether favourites for the player Arsenal would replace Mesut Ozil with another German.
Manchester City may be a more likely destination, but considering left wing is where David Silva plays, and their reported interest in Raheem Sterling, it would still need a big shift in the way the Citizens were playing before they could afford another big outlay on someone like Draxler.