Arsenal transfer news: Julian Draxler turned down a move to the Gunners in January

Schalke youngster plans to stay with the club next season

Julian Draxler has admitted he turned down a move to Arsenal in January (Getty Images)

German starlet Julian Draxler has admitted he turned down the chance to join Arsenal in January.

The 20-year-old Schalke midfielder was linked with a blockbuster move to the Gunners during the transfer window, but decided to stay with the club he has been with since he was just eight.

Draxler signed a bumper new deal with the club in May and says he wants to stay with Schalke one more year.

"In January, there was the offer of Arsenal, but I decided to stay," he said.

"I will do the same this summer. I want to play one year more in Schalke."

Draxler, who was an unused substitute during Germany's demolition of Portugal, reportedly has a £38m buy-out clause.

He already has 11 caps for the national team and is hailed as one of the most talented players in Europe.

After the victory over Portugal, Draxler said he was confident Germany can win the World Cup for the first time since 1990.

He said: "We were a little bit nervous before the game. But we know we are very strong and we wanted to show the world we can win the title.

"There are many other great nations and teams here, but we are one of the favourites."