To be lovesick with no sweetheart is a long drawn-out story (4)
I believe the answer is:
yarn
'story' is the definition.
('yarn' can be a synonym of 'story')
I don't understand the rest of the clue.
Can you help me to learn more?
(Other definitions for yarn that I've seen before include "Long involved story" , "Sham" , "Spun thread; long story" , "Spun fibre" , "which could unravel?" .)