Is he much of an improvement on what we have, and is he the player we need to replace Sanchez out wide.
Personally I would prefer Reus, but if Draxler is better than Walcott, Chamberlain, Welbeck or even Ramsey, who sometimes plays in that position, then why not?
It can only be his injury record that makes Wenger reluctant to buy him.
They want a lot of money for him, but we could easily get 20-30m for one of our under performing, often injured players, to fund the move.
Saying all that, it's not going to happen.