Porto midfielder Ruben Neves and Sevilla's Grzegorz Krychowiak are also on Arsenal's radar.
Danny Welbeck missed the entirety of this season with a knee injury.
Wenger made the German the club record signing in 2013 after paying £42.5m to Real Madrid for his services.
Firefighters say fire above shop in Church Street, north London, was accidental.
Theirry Henry wants Arsene Wenger to invest in a midfielder to act as backup for Flamini.
Release clause will increase from €18m to €25m.
The former Newcastle United defender has started in only two league games for Arsenal this season.
Sporting director Robert Fernandez is confident the reigning champions will go through the next round.
Spaniard suffered a rupture of the external knee ligament during the 1-1 draw against Norwich City.
Arsenal may welcome Alexis Sanchez back to the squad for their clash against Manchester City.
Arsene Wenger had tried to sign Mesut Ozil from Werder bremen in 2010.
Petr Cech has a knack for playing drums which has helped his goalkeeping.
Mauricio Pochettino has admitted that Spurs are keen to sign a backup striker for Harry Kane.
Olivier Giroud scored a hat-trick against Olympiacos to send Arsenal into the last 16 of the Champions League.
The French boss says he already has a great striker in Olivier Giroud.
The Gunners visit Villa Park following their impressive 3-0 victory at Olympiakos.
Arsenal welcomes Manchester City to the Emirates Stadium on 21 December.
The former Manchester United striker has been out of action since April.
Win ensured Arsenals a spot in knock-out stage of the Champions League, alongside Chelsea and Manchester City.
Jack Wilshere will be back in first team before the end of the year.
Gunners need to win by two clear goals to qualify for the last 16 of the Champions League.
Ramsey and Flamini to start in midfield in the absence of Cazorla and Coquelin.