The Telegraph says Schalke have admitted that they might be powerless to keep the Germany forward.
Draxler, 20, is a long-term transfer target of Arsenal and has already openly expressed his interest in a move to the Emirates this summer.
“We continue to hope that Julian remains,” said Schalke general manager Horst Heldt. “But there are factors that we cannot influence.”
Draxler has a buy-out clause of £37.8million.
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