Manchester City are reportedly interested in signing star Arsenal midfielder Samir Nasri.
City are also believed to be close to agreeing a fee with the Gunners for left-back Gael Clichy, while La Liga champions Barcelona have been continually linked with a swoop for Arsenal captain Cesc Fabregas.
Nasri has been the subject of interest from a number of clubs over the past few weeks, including City s closest rivals Manchester United.
The Frenchman signed for Arsenal from Marseille in 2008 and has been one of Wenger s most impressive players over the last few seasons.
He s made 126 appearances for the Londoners, scoring 27 goals.
City could well hit Arsenal with a double blow as they are reportedly close to signing Clichy for a deal believed to be worth about seven million pounds.
Clichy joined Arsenal in 2003 and has made 187 English Premier League appearances, becoming the first choice left-back after Ashley Cole departed for Chelsea.
With Barcelona chasing Fabregas, Wenger may have to rebuild his squad in the remainder of the off-season.