VfL Wolfsburg have informed Arsenal of their asking price for Julian Draxler.

The Gunners, along with Juventus and PSG, are among the three clubs in talks with Wolfsburg over a January deal for the Germany attacker.

RMC says PSG have already made a bid - €30 million - for Draxler, but been told to go higher.

Wolfsburg have told all three clubs they want €40 million to sell.

Kicker says despite new sports chief Olaf Rebbe claiming nothing has been decided, Draxler will be sold during the January market.