The 22-year-old's contract expires in the summer at the Bundesliga club, and they could look to cash him in on Deadline Day.
ARSENAL are weighing up a Deadline Day swoop for Schalke's contract rebel Max Meyer, according to reports in Germany.
The 22-year-old's current deal at the Veltins-Arena expires in the summer and Arsene Wenger could bring him to the Emirates in a cut-price move.
According to Bild, the Gunners face competition from La Liga leaders Barcelona for the signature of the attacking midfielder, who can also play up front.
And Schalke appear resigned to lose Meyer either before the window shuts, or an a free transfer at the end of the season.
The four-cap German international shows no signs of agreeing a new deal with Domenico Tedesco's men, leading to the Bundesliga side to contemplate shipping him out later today.
Journalist Torsten Rumpf confirmed interest from the North London side, who now face a race against the clock to lure him to the Premier League.