Bayern Munich have ruled themselves out of the race to sign Schalke star Julian Draxler this summer, as reported by the Daily Mirror.

Arsenal are leading the race to sign the German international, however Bayern were linked with a move for Draxler this summer as they continue to pounce for the top players in the Bundesliga.

Draxler has come to the fore this season for Schalke and still has a £37million release clause in his contract, something that Arsenal were unwilling to trigger despite showing an interest over the past two transfer windows.

Bayern chairman Karl-Heinz Rummenigge has ruled out the chance of them signing the playmaker in the summer, leaving Arsenal in a one horse race.

“We are not buying any player from Dortmund or Schalke just to hurt these clubs,” he said.

“We are just buying players who can give FC Bayern more quality straight away. I can rule out that we will sign Julian Draxler in the summer.”