Horst Heldt has denied that Schalke has agreed to sell Julian Draxler to Bundesliga rival Wolfsburg and said the club will leave it late before making a decision on the midfielder's future.
Draxler was reportedly set for a move to Juventus, but Wolfsburg is said to be leading the battle to sign the Germany international ahead of Monday's transfer deadline.
Schalke sporting director Heldt confirmed there was a development with regards to Draxler's future on Saturday, after Draxler had featured in a 3-0 defeat at Wolfsburg.
More from FoxSports
Wolfsburg, which has agreed a deal to sign Dante from Bayern Munich, has seemingly turned to Draxler as the man to replace Kevin De Bruyne, who is expected to complete a big-money move to Manchester City.
Heldt said the Gelsenkirchen outfit had rejected an offer from Juve and stressed the club will not rush a decision over the 21-year-old's future.
"The door is not closed because on Saturday there was some news regarding a transfer of Julian Draxler. We have to take time and handle this topic. We will make a decision in the interests of the club." he told the club's official website.
"All documents concerning a transfer must be submitted by Monday 6 p.m. I think because of the development of yesterday we have to handle this topic until the end."
More from Goal.com: