Arsene is set to take advantage of unsettle Bernabeu striker Karim Benzema.
The French forward has been overlooked by Jose Mourinho in recent high profile games and now looks set for move away from the club.
The 23-year old cost Real Madrid £35million back in 2009 and has netted 23 goals in 43 appearances since his arrival. But the Spanish giants would like to recoup as much of this transfer as possible and are holding out for the full £35million reports the Metro.
But with Wenger’s current transfer policy it is unlikely the Arsenal boss will part with so much cash for a sub, despite being a key admirer of the forward, Arsene is believed to be willing to pay as much as £20million for the striker.