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Schalke open negotiations to sign Arsenal defender Sead Kolasinac on loan

Sky Germany report this evening that Schalke have opened initial negotiations to sign Arsenal defender Sead Kolasinac on loan. The 27-year-old would like to return to Germany for private reasons.

The problem for Schalke is that they have imposed a €2.5 million salary cap on themselves after being financially damaged following the coronavirus pandemic. Per Sky, Kolasinac currently earns €8m a year at the Premier League club and so an agreement needs to be reached on how the Bosnian’s salary would be divided.

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