"We are happy to have such a world-class player in our lines. I am very convinced that Draxler will be playing for us in the Rückrunde [second half of the season] but most probably beyond that," said Heldt.
"We are not interested in letting Julian leave, and he has also not approached us about a transfer."
IBT Sports has previously reported that Arsenal have sent representatives to Germany in an attempt to convince the Bundesliga club to have their prized asset head towards the Emirates and apparently, Schalke sporting director Horst Heldt was expecting suitors to come knocking, but to no avail.
"I checked my office if someone was waiting for me, but nobody was there," he disclosed.
In spite of the aforementioned statements, the Royal Blues are still willing to listen to clubs with genuine interest in acquiring the services of the versatile 20-year-old.
"Of course, there are always other clubs interested in him, and should someone make a serious offer for him, then we as a club have to professionally consider that," he revealed.
"That does not only apply to Julian Draxler, but to every other player."
From the looks of it, Arsenal still have a shot in making another last-minute coup, as was the case with now Gunner Mesut Ozil, if they successfully snatch the young German.