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Arsenal Transfer News: Latest Rumours on Julian Draxler and Medhi Benatia

Arsenal have reportedly been told Julian Draxler will cost them £40 million, even though the Gunners are only prepared to pay Paris Saint-Germain £30 million for the Germany international.

PSG have stated they want more, should the Gunners sell Alexis Sanchez and follow up their interest in Draxler, according to Jordan Davies of The Sun. He revealed how Arsenal have already made contact, since Sanchez's contract expires next summer.

Davies says manager Arsene Wenger won't sell Sanchez before then without first bringing in a replacement. He also reported "Draxler is open to a move after falling out of the PSG first team following the arrival of world-record signing Neymar.