The Gelsenkirchen side had earmarked the versatile attacker as the ideal replacement for the departed Michel Bastos, but Bayern Munich will not entertain a bidSchalke general manager Horst Heldt has revealed the club have been rebuffed in their efforts to sign Xherdan Shaqiri from Bayern Munich.
The Gelsenkirchen side are in the market for attacking reinforcements due to the departure of Michel Bastos to Al Ain and they saw the 21-year-old Shaqiri as a good replacement.
However, Bayern have made it clear to Heldt they are not interested in allowing the Switzerland international to leave the Allianz Arena.
"I got in touch with Matthias Sammer to ask him about Xherdan Shaqiri's availability. Unfortunately, he made it clear that they do not want to let go of him," Heldt was quoted as saying by Bild.
Shaqiri joined Bayern from Basel in the summer of 2012 and impressed with a string of fine performances last term as the Bavarians won a historic treble, although speculation has surfaced over his future following the summer signings of Mario Gotze and Thiago Alcantara.