Following the departure of Cesc Fabregas and Samir Nasri and the fact that Arsene Wenger has finally decided to spend money to bring quality players to Arsenal, it appears that Mikel Arteta is likely to join the Gunners from Everton.
According to Sky Sports, Arsenal are willing to offer money for the deal, having previously had a money-plus-Nicolas Bendtner offer rejected by Everton, with £10 million being reported as Arsenal's offer.
Considering Everton's current financial issues, which has severely restricted the amount of transfer activity that they have been involved in during the summer, a bid of this size could well tempt the Merseyside club into selling the Spaniard.
Arteta, a central midfielder who has become more of an attack-minded player and a playmaker since joining Everton from Real Sociedad in 2005, could be a fine replacement for former Arsenal captain Cesc Fabregas, who left for Barcelona earlier in the summer.
Arteta is one of the most underrated players in the division partly because he is unfortunate enough to be Spanish, meaning that he simply cannot get into the national team, and has suffered from numerous injuries since joining Everton.
At 29 years of age, Arteta will be one of the oldest players in the Arsenal team and could provide valuable experience for a team that severely lacks any, shown by the fact that six of Arsenal's starting eleven against Manchester United on Sunday were 22 years old or younger.
Although Arteta is by no means as good a footballer as Cesc Fabregas, he is still a quality player who could be a key playmaker as Arsenal look to retain their place in the top four, as long as he can stay clear of injury.
Arsenal have left it fairly late in making an acceptable offer for Arteta, with the deadline just hours away, but still stand every chance of landing the midfielder.