Gunners target Max Meyer set to make decision on his future in March

The 22-year-old's current contract with Schalke is due to expire in the summer and he would be able to leave for free then.

The likes of Arsenal, Barcelona and RB Leipzig have been alerted to the midfielder's situation and they are all interested in him.

Schalke, meanwhile, are still in talks with Meyer's agent and they are trying to get him to agree an extension.

The German is keen to weigh up all his options and, according to Sport Bild, he will then give a definitive answer in March.

Meyer will decide then if he wishes to leave Schalke for a fresh challenge or pen a new long-term contract with the club.