Arsene Wenger has money and major need for creativity in the midfield.
Unfortunately there isn't a ton to be excited about on the market.
Wenger has already seen a loan bid for Kaka dismissed by Los Blancos and he's set to battle a number of clubs if he wants to land Mikel Arteta.
According to the Daily Star:
Malaga and Valencia, who have just picked up £27m from Chelsea for Juan Mata, are both willing to pay £10m for attacking midfielder Mikel Arteta ... Everton have major financial problems with their bankers urging them to sell stars and and cut their £25m debt. In contrast Malaga have no such problems having been taken over last summer by a member of the Qatari royal family, Sheikh Abdullah Bin Nassar Al-Thani.
Like Kaka, Arteta is 29-years old and way older than the average target for Arsene Wenger.
The Frenchman is notoriously stingy about age and injuries and both Kaka and Arteta have recent injury issues and little re-sale value should they be bought.
Neither player is the typical Wenger purchase, but the Arsenal boss is being pressured from all angles to land new players after the departures of Cesc Fabregas and Samir Nasri.
He does need new players, but the pursuit of Kaka and Arteta is less out of desire and more out of necessity.
There is also Danilo Pereira, a 19-year old starlet that screams to Wenger's tendencies.
He is, however, typically deployed as a defensive midfielder. The naturalized Portuguese youngster is drawing attention from both Liverpool and Arsenal.
As all Premier League transfer battles typically go, he is expected to find a home in England sooner than later. Liverpool has already gone out of their way to add midfielders this summer though and Arsenal has a ton more flexibility than their rival Reds.
Of the three midfielders currently linked to the Emirates only Pereira has legitimate value.
The desire to appease the fans is weighing heavily on Wenger at this time, but he should not make foolish moves for players like Kaka or Arteta.