Gazzetta dello Sport reports that Juventus are ready to offer Draxler a five-year contract worth around £2.5million per season.
Juventus are desperate to sign a ‘number 10’ in this window, following Arturo Vidal’s exit to Bayern Munich.
Juventus have also been linked with moves for the likes of Real Madrid starlet Isco and Bayern Munich ace Mario Gotze.
The 21-year-old has long been a target for Premier League side Arsenal.