Arsenal and Liverpool target Max Meyer agrees deal with Hoffenheim

Arsenal and Liverpool are set to miss out on top target Max Meyer - with Hoffenheim set to agree a deal with the Germany star.

Attacking midfielder Meyer is out of contract at Schalke this summer, having been at the German club since he was 14.

The Gunners were hoping to use Bundesliga expert, and head of recruitment at the Emirates, Sven Mislintat to give him an advantage in the pursuit.

The Reds and Barcelona were also interested in Meyer - who was banished from training towards the end of the season.

But according to Leipziger Volkszeitung, Meyer will snub the trios' interest to stay in the Bundesliga with Hoffenheim.

Hoffenheim finished third in the German league to qualify for the second season in a row - last year they were beaten into the group stages by Liverpool.

Mayer has previously insisted his decision to quit Schalke was financial driven.

"I never cared for the money, otherwise I would have accepted the second improved bid," Meyer said. "That's why I think it's a mess that Clemens Tonnies says it's just about money.

"I simply did not want to stay in Schalke and work under Mr Heidel. That's it. In the end, it just feels like I'm being bullied.

"I did not want to come out and talk. I've only had enough of always reading something about myself, but neither Heidel nor Tonnies have talked to me.

"From the first day [Heidel told me] I could go; then he said that I would not play much anymore [and] I was not wanted anymore."