Arsenal need to bring in some players in the final days of the January transfer window to save their season.
The Gunners' 2-0 win at home to Chelsea last weekend revived their chances of breaking back into the Premier League top four.
However, fans were brought crashing back down to reality on Friday night, with Manchester United beating Unai Emery's side 3-1 to knock Arsenal out the FA Cup.
While the Gunners had their chances, there was a clear lack of quality all over the pitch, while Laurent Koscielny and Sokratis Papastathopoulos both went off injured as well.
The situation in defence really is dire, with Hector Bellerin and Rob Holding both ruled out for the remainder of the season with serious knee injuries.
But the majority of players linked with Arsenal so far have been in forward areas, where they do also need some fresh faces.
Mesut Ozil is firmly out of favour with Emery and Aaron Ramsey will leave the club in the summer.
As such, Arsenal have been heavily interested in bringing Barcelona's Denis Suarez to the club, a player Emery worked with at Sevilla.
Negotiations have stalled in the last week or so, but The Sun are now reporting that the Gunners made a very interesting and smart request when talking to the La Liga leaders.
The Gunners are desperate to bring right-winger Malcom to the club on a short-term loan deal and are now just waiting for the green light.
And it seems it's a deal that would suit both parties. Arsenal get a player they were previously interested in and one that offers the team natural pace and width.
For Barca, they would hand the 20-year-old Brazilian the chance to earn some much-needed minutes in one of Europe's top five leagues.
Ernesto Valverde has been reluctant to play him since his move from Bordeaux, but the Barca board are eager for his long-term future to be in Catalonia.
Arsenal are also being linked with Villarreal's Pablo Fornals again, but the Spaniard would cost the penny-pinching Gunners around £28m, a fee they cannot afford until the summer.