Arsenal and Leeds dealt transfer blow with target Julian Draxler on the brink of signing three-year extension at PSG

PARIS SAINT-GERMAIN star Julian Draxler is set to sign a three-year contract extension at the club, according to reports.

The attacking midfielder has been linked with a move to Premier League sides Arsenal and Leeds but now seems set to stay in France.

According to French website Paris United, Draxler has put pen to paper on a new deal and this will be announced within the next few days.

The 27-year-old's existing contract expires at the end of the season.

Draxler's future has been a talking point due to his current situation, with the bookies offering good odds on a move to the Emirates.

Rumours connecting the Germany international with the Gunners have dominated his career.

He's also been linked with a move to Elland Road, although it is unlikely Leeds could afford his reported £120,000-a-week salary.

Draxler has struggled to nail a place down at PSG since moving from Wolfsburg in January 2017.

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The ex-Schalke star has made 23 Ligue 1 appearances this season, scoring four goals.

But it seems he's still part of Mauricio Pochettino's plans at PSG.

There is also a good chance Draxler will be named in Germany's 26-man squad for the Euros this summer.

He was part of the squad that won the World Cup in 2014 and the Confederations Cup in 2017, picking up 56 caps to date.

PSG recently gave Neymar a new £500,000-a-week contract and are believed to be interested in signing Real Madrid captain Sergio Ramos.

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