The Gunners are close to completing a loan that will send Turkish midfielder Nuri Sahin to Emirates from Real Madrid for £2 million, according to the Daily Mail.
Some reports also suggest Sahin turned down a more lucrative offer from Liverpool for the move to Arsenal.
Recently Emirates has been plucked clean by some of the top club teams in the world. Earlier this week 2011-12 Premier League leading scorer Robin van Persie transferred to Manchester United, and Cameroonian midfielder Alexandre Song has all but dressed in a Barcelona kit. Once the song deal is closes, both deals will give Wenger about £39 million to shore up the club's depleted roster.
Sahin will help to ease the blow of Song's departure, as he can apply his playmaking prowess to the Gunners' weak middle row. Tomas Rosicky suffered an Achilles injury during Euro 2012 with the Czech Republic and 20-year-old Jack Wilshere has had several knee and ankle issues.
The change of scenery could be a boon for the 23-year-old Sahin. He did not see the pitch much at Santiago Bernabeu, appearing 11 times with no goals or assist in his one season.