Arsenal are aiming to sign Atletico Madrid midfielder Mario Suarez, according to the Daily Express.
Wenger's hopes of signing the 27-year old received a boost when Atletico confirmed the signing of Ruben 'Cani' Garcia in preparation to unwillingly lose the star. Should Wenger want the defensive midfielder, he will have to fight off Italian club Napoli who are also interested in the Spaniard.
Suarez featured for Atletico in last night 's victory in the first leg of their last 16 Copa del Rey tie against city rivals Real Madrid.
The game, which also saw Fernando Torres make his second debut for the club after signing on loan from Inter Milan, finished 2-0 infront of a crowd of 46,800 at the Vicente Calderon.
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Arsenal have also been heavily linked with two other midfielders in this transfer window. Reports have said that the French manager is preparing a £64 million bid for Real's Isco, although admittedly they are considered extremely flamboyant.
The attacking midfielder is just 22-years-of-age and has reportedly impressed Wenger, prompting talk that he could be on his way to the Emirates during this window.
Arsenal are also interested, alongside their north London rivals Tottenham, in signing Southampton midfielder Morgan Schneiderlin. The £25 million man however looks like he will be staying at the Saints until the summer when a move away from St Mary's will be more likely.
The Gunners currently lie three points adrift of fourth-placed Southampton and will be hoping that Suarez's purchase will help them climb back into the top four.