Monday 31 August 2015 17:34, UK
Germany international Julian Draxler has left his home club Schalke after 14 years to join Wolfsburg on a five-year contract.
The midfielder joined Schalke's youth team in 2001 and made his debut as a 17-year-old in 2011, playing 119 Bundesliga games and scoring 18 goals.
Wolfsburg, who have sold midfielder Kevin De Bruyne to Manchester City for £54.5m and Ivan Perisic to Inter Milan, have also brought in central defender Dante from Bayern Munich as they prepare for the Champions League group stage.
The Wolves were Bundesliga runners-up last season and won the German Cup.
The cost of the deal is undisclosed, but Schalke sports director Horst Heldt says it is a record sale for the club.
"There were two reasons why we agreed to this deal," Heldt said in a statement. "We will not comment on transfer details but can say that it is the transfer with the highest revenues generated in the history of our club.
"We also met the specific wishes of Julian to change clubs."
