According to latest reports in Germany, Paris Saint-Germain are closing in on a move for Wolfsburg attacking midfielder Julian Draxler.

Bild claim that the French champions are ready to make a massive £64m bid to finalize the deal for talented German midfielder. The 22-year old is one of the long-term targets of Arsenal and have recently expressed his desire to leave his current club after the end of Euro 2016 campaign.

The announcement has alerted a number of clubs as the player is one of the highly-rated youngsters both in Germany and Europe.

The German star who moved from Schalke to Wolfsburg last summer for a reported fee of £25.5m. However, he has not settled at his new club as the club failed to reach European football for the upcoming season.

The young German international is believed to have a massive £63 million release clause in his contract which has made the Premier League clubs not make a move for the talented midfielder.

However, he has featured in Wolfsburg’s 2-0 win against Augsburg this week while PSG suffered a shocking 3-1 defeat to AS Monaco.

PSG who have let go their star player Zlatan Ibrahimovic are keen to add more attacking options this summer as they look for European glory this season. If Wolfsburg decides to sell Draxler then he would become the second biggest sale by the club after Kevin de Bruyne to Manchester City last summer.