Arsenal rejected the chance to sign Manchester United favourite Nemanja Vidic in January after Inter Milan offered the Serbian defender's services to the injury-plagued Premier League giants last week.
According to The Sun, the former Red Devils skipper will be allowed to leave San Siro in the mid-season window having been deemed surplus to requirements by new manager Roberto Mancini.
The Gunners are in desperate need of defensive reinforcements in the New Year after failing to replace former captain Thomas Vermaelen when he joined Barcelona during the summer.
Laurent Koscielny has also been struggling with injury for much of the season, forcing Wenger to throw summer signing Calum Chambers in at the deep end, particularly after Mathieu Debuchy was sidelined for an extended period.
However, the frugal Frenchman has turned down an opportunity to take the five-time Premier League champion to north London, choosing instead to focus on recruiting alternative options already identified in the lead up to the New Year.
Vidic signed a three-year deal with the Serie 'A' giants when he left Old Trafford at the end of last season, and despite assurances from his agent Silvano Martina to the contrary it looks as though the 33-year-old is already on the lookout for a new club.
He was linked with a potential return to Manchester United last week, but with Louis van Gaal building for the long-term future at the Theatre of Dreams a surprise return seems unlikely.