2) Luiz Gustavo (Wolfsburg)
A further £26m could be spent on the release clause of Wolfsburg midfielder Luiz Gustavo. The powerful Brazilian enforcer looks a superb addition to this Gunners squad to fill in for Mikel Arteta and provide a more long-term option in that deep-lying defensive midfield role. Gustavo was first linked with Arsenal last summer whilst still at Bayern Munich, and Wenger is now ready to move for him again in a move that the club hope will be finalised before the transfer deadline. Real Madrid are also interested in the 27-year-old, but are currently behind Arsenal in the reckoning.