Arsenal Draxler hopes dashed, Liverpool lose Saleh to Chelsea

Schalke reject £35m swap deal for German winger, as Blues hijack Reds deal for Egyptian

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IT LOOKS like Arsenal's hopes of signing Julian Draxler this month have gone up in smoke after Schalke told the Gunners where to get off. The Daily Mail reports that the Premier League leaders tabled a package worth £35m but the Bundesliga club have knocked it back, despite the fact the offer comprised £20m in cash plus the Gunners' unsettled frontman Lukas Podolski.

"It is nonsense to suggest we might consider selling him this winter," a Schalke official is quoted in the Mail, adding: "It will not happen."

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Bill Mann is a football correspondent for The Week.co.uk, scouring the world's football press daily for the popular Transfer Talk column.