Arsenal made offer for Draxler
Earlier this month Schalke's director of sport Horst Heldt claimed that Schalke had turned down an offer from a club "north of us", suggesting that the bid had not come from the Gunners.
However, Heldt has now revealed that the midfielder was the subject of a "big-money" bid from the Londoners, who made the Germany international their top target in the winter transfer window.
Schalke refused to buckle under pressure, though, and were able to retain the services of one of European football's hottest properties.
They may find themselves having to field further advances at the end of the season, with Draxler's contract including a buy-out clause, but Heldt is optimistic regarding their chances of keeping the talented 20-year-old - who is under contract until 2018 - in his homeland.
Heldt told Sport1 media: "Arsenal officially enquired about the services of Julian Draxler during the recent transfer window. We did not want him to leave.
"Of course, it was big money on offer, but still it was not enough for us.
"I am convinced Julian will be playing at Schalke past the end of the season. We are able to offer him enough ambition."