Julian Draxler
Julian Draxler says he will reconsider his future in the new year.

Arsenal will have another chance to pursue highly-rated midfielder Julian Draxler next year after he admitted he would like to play abroad after spending another season at Schalke.

Draxler was linked with a move away from Schlake towards the end of the season but decided to pun pen to paper on a new deal that runs until the summer of 2018.

His performances for both his club and country have placed the Germany international on the map for some of Europe's top clubs, with Bayern Munich as well as Arsenal monitoring his progress in recent months.

While signing a new deal with Schalke means a move is unlikely this summer, Draxler now admits that towards the end of the 2013-14 campaign he will reconsider his future.

"I've still got to work a lot on myself and improve," he told the club's website. "I'm staying here because I see the chance of playing frequently. I'm going to try to do that as much as possible and then we can reconsider in the new year."

Both Spanish and English clubs are believed to be interested in the midfielder's signature with Draxler scoring 11 goals last season in 34 appearances. But the 19 year old all but ruled out a move to Munich by admitting he liked the idea of joining either the Premier League or La Liga.

"I don't want to name any clubs, but the countries are correct," he explained. "And I don't think any country but these two would make sense for me anyhow."

Draxler would fit well into Arsene Wenger's transfer policy, with the youngster possessing qualities that would bring long term as well as short term gains for Arsenal.

But with a great deal of competition for his signature, the Gunners would need to convince the teen that they are capable of challenging for trophies again after a disappointing campaign in 2012-13 left the north London side going eight years without silverware.

With a price tag believed to be in the region of £15m, he would certainly be affordable for Arsenal, though Schalke general manager Horst Heldt is clearly going to drive a hard bargain for the starlet, recently claiming that he would be worth closer to €100m.