Arsenal have not been linked with the France international up to now, so it comes as something of a surprise to see the Gunners tipped to make a move for Matuidi.
The report claims Arsenal have already made an initial enquiry as to Matuidi's availability this month. Wenger is desperate to add to his squad before Friday's transfer deadline, especially following the injury to Aaron Ramsey and suspension of Mathieu Flamini.
Paris St Germain are said to be considering Arsenal's interest. As Matuidi is out of contract at the end of the season, the defending French champions risk losing him for nothing this summer.
PSG president Nasser Al-Khelaifi has defiantly insisted that Matuidi is not for sale amid interest from Manchester City in the past.
But the report suggests Arsenal remain hopeful PSG would prefer to receive a fee for the 26-year-old this month rather than lose him for free at the end of the season.
And as Laurent Blanc's side have confirmed the signing of Newcastle midfielder Yohan Cabaye, the Gunners' chances of landing Matuidi surely increase.
The report states that Southampton midfielder Morgan Schneiderlin is also in the frame for the Gunners.