Schalke confirm they will not be signing Arsenal’s Sead Kolasinac on permanent deal

Kolasinac joined his former club on loan in January
Kolasinac joined his former club on loan in January (Picture: Getty Images)

Schalke have ruled out the purchase of Sead Kolasinac on a permanent basis, meaning the left-back will return to Arsenal this summer.

Kolasinac found playing time difficult to come by under Mikel Arteta in the 2020/21 campaign and rejoined the German club on loan in January.

Schalke indicated in February that they would like to hold onto the defender beyond the end of the season, however, they ended up being relegated after finishing rock bottom of the Bundesliga.

Arteta is expected to revamp his squad this summer
Arteta’s Arsenal finished in eighth place in the 2020/21 season (Picture: Getty Images)

In a statement on their website, the club confirmed that Kolasinac – whose Gunners contract expires in the summer of 2022 – and fellow January recruit Klaas-Jan Huntelaar won’t be staying on.

Schalke’s Director of Sport, Peter Knabel, said: ‘On a sporting and personal front, it’s a painful decision to have to make.

‘Considering the current budget and squad structure – well-known challenges that have been openly discussed – there was no alternative.

‘We also can’t afford to spend weeks going back and forth given that we have a short pre-season and how quickly the new campaign will come about; we have to make decisions in Schalke 04’s best interests now. That is why this step is necessary.’

‘Sead and Klaas-Jan deserve that at least,’ he added. ‘We’re very grateful that they supported their beloved club for this past six months to the best of their ability.

‘You could always sense how much Schalke 04 means to them and the connection they feel to the club.

‘We would like to say thank you for the incredible passion and support that they showed the club in this difficult period, and wish them all the best for the future both on and off the pitch.’

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