Arsenal and Schalke are negotiating regarding a loan move for Sead Kolasinac.

The left wing-back could be surplus to requirements at Arsenal this season under Mikel Arteta.

Schalke are willing to bring Kolasinac back to the Bundesliga for a season.

And Bild says the two clubs have agreed to split the Bosnia international's wages, with each paying the player €2.5 million across the season.

The 27-year-old now looks likely to return to his former club, who he left for Arsenal in 2017.