Transfer window is set to close on Monday. Since the window opened in January, big-name transfers have been as rare as Theo Walcott's playing time for Arsenal.
Arsene Wenger typically leaves his transfer dealings late in the window. Last January, Arshavin was signed on the deadline day and Wenger may repeat his antics again.
Meanwhile, Sir. Alex Ferguson gave a blow to Arsenal's ambition to sign young defender Smalling from Fulham. Ferguson himself travelled to London and persuaded the youngster to join the Red devils. Arsenal had reportedly tabled a bid of £10 million before Ferguson lured him to Manchester United.
Loic Remy is a player who Wenger clearly admires. He operates from a number of positions. He's primarily a striker, capable of playing both out wide.
Eduardo is regaining his lost self but lacks the confidence and determination in big games. Nicklas Bendtner boasts a lot but crumbles against top sides and relying on him is nothing but risk.
Wenger is optimistic that Arshavin can prosper in his make-shift role as a lone striker and believes that bringing another striker would deprive Vela and Walcott of the valuable playing time they are getting now.
Amidst of this optimism, Arsenal is keen on Remy. Arsenal approached the French Club Nice with a bid to get Remy on loan but failed as the club is only interested in a permanent deal. The price tag of £13 million for a relatively new player is a bit high.
French giants Lyon are also keen on the striker, ironically, he came through the ranks at Lyon before leaving to Nice in 2008. The player scored 11 league goals last season and impressed enough to fetch him an international call.
Arsenal scout and former midfielder Gilles Grimandi admitted that the North-London side is closely monitoring Remy.
"He has one of the greatest potentials in France and perhaps even in Europe over the next five years.
"He has a physical standard that is outside the usual, but we are looking for a player who will enhance our strength very quickly because we lack this, " said Grimandi.
Wenger himself told that it's unlikely his side will sign anybody, but it's not impossible. It might be possible that growing pressure from fans and shareholders provoke him to change his mind and opt for a last gasp option.
Recently, Remy had a spat with the fans and later he expressed his displeasure and said: " I wet my shirt for people who spit at me; it's unacceptable. "
Obviously, Remy's relationship with the fans have strained and even the club is willing to sell him. Lyon is set to join the race for Remy but Wenger might not fancy the idea of splashing £13 millions for a relatively new player who has essentially had one good season in Ligue 1.
A hatful of uncertainties arises here.
Is he (Remy) worth his £13 million price tag?
What's the probability of Wenger going for the last gasp signing?
Can he adapt quickly to the highly competitive league in the world?
I can only hope and pray that Wenger signs him to bolster the attacking force in a bid to win the League.