Wolfsburg are reportedly set to bid for Arsenal midfielder Denilson.
The Bundesliga side - managed by former England boss Steve McClaren - have allegedly been keeping tabs on the Brazilian and now, according to the Daily Mirror, they will bid €13 million for his services next month.
Denilson joined Arsenal in 2006 but has found regular first-team football hard to come by since his arrival.
This season in particular has proven difficult for the 22-year-old with the emergence of Arsenal youngster Jack Wilshere meaning Denilson has started just three games in the Premier League to date.
Should Denilson leave the Emirates Stadium in January, Arsene Wenger is expected to be keen to reinvest the money to further improve his Arsenal squad.
French youngster Mamadou Sakho is thought to be high on the shopping list of the Arsenal boss, as is Stuttgart defender Serdar Tasci.
Belgian wonderkid Eden Hazard and CSKA Moscow star Keisuke Honda have also been linked with moves to Arsenal in the New Year in what is likely to be an interesting transfer window at the Emirates.
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