Draxler joins Wolfsburg

Wolfsburg have confirmed the signing of German international Julian Draxler from Schalke on a five-year deal. The fee is undisclosed, but reports suggest the 21-year old has joined the German Cup winners for 35 million euros (39.2 million dollars) plus five to seven million in bonuses.

"Wolfsburg offers me an excellent chance for my future and an extremely strong team," Draxler told Wolfsburg's club website. "I'm looking forward to playing in the Champions League with Wolfsburg and winning titles with the club."

The move is a new transfer record fee paid by Wolfsburg, coming just one day after the Wolves received their club record transfer fee for Kevin de Bruyne from Manchester City.

"We have made the decision to sell Julian for two reasons, but we can not confirm that transfer fee received from Wolfsburg for Julian," Schalke sporting director Horst Heldt to the club's website.

"This is the highest transfer fee that Schalke have ever received and the request to move came from Julian, which we decided to accept," Heldt continued.

Julian Draxler became the Bundesliga's youngest ever player when he made his Schalke debut on 15 January 2011 at 17 years, three months and 26 days old. Draxler made his Champions League debut just a month later and since then has gone on to make 170 appearances for Schalke, scoring 30 goals.

Draxler has also made 15 appearances for the German national team, scoring one goal. The Gladbeck-born winger was last season linked with a move to the Premier League with Arsenal and this season with a move to the Serie A with Juventus. However, with de Bruyne's departure to Manchester City, Wolfsburg have acted quickly to sign Draxler as a replacement.