Max Meyer is edging closer to the exit door at Schalke.

Off contract in June, the pint-sized German midfielder is a target for Liverpool boss Jurgen Klopp and Arsenal's new chief scout Sven Mislintat.

And encouraging for both Premier League giants is news today that Meyer has rejected a second contract offer from S04.

BILD says the Germany international and his management company have rejected Schalke's offer of €5.5m-a-year to extend is stay with the Bundesliga outfit.

Meyer's decision is expected to see Liverpool, Arsenal and Bayern Munich now intensify their pursuit of the Bosman prospect.