Arsenal have received a boost in their pursuit of Schalke's Julian Draxler, after Bayern Munich chairman Karl-Heinz Rummenigge revealed the club would not attempt to land the player in the summer.
The Gunners sent a delegation to Germany in January in an attempt to thrash out a deal for the highly-rated 20-year-old, but the north London club fell short of Schalke's valuation.
After failing to land the Germany international, speculation mounted suggesting Arsene Wenger had missed his chance to sign the playmaker, with the European champions interested in his services.
Draxler refused to rule out a move to the Allianz Arena last month, but the Bayern chief has since moved to dispel rumours linking his club with Draxler - insisting they only acquire players who can strengthen the first team from the off.
"I can assure that we will not buy Julian Draxler this summer," the 58-year-old told Welt am Sonntag.
"I do not know [if he wants to join Bayern]. We never talked to his agents. In my opinion the public do not understand our transfer policy yet.
"We will not buy any players from Dortmund or Schalke only to hurt them. We will buy only players who bring more quality to the club immediately.
"In the past we bought some players to be better prepared for the future because some of our players were becoming older than 30. But we will not do that anymore."
