Arsenal could make a late deadline day move for Juventus forward Fabio Quagliarella, according to The Daily Mail.
The Italian international has scored just once in 14 Serie A appearances this season for Juve but after being forced to abandon bids for teammate Mirko Vucinic and Schalke's Julian Draxler the Gunners look set to continue their search for a striker up until the final hours of the window.
Reports suggest that manager Arsene Wenger has identified Quagliarella, who has also been linked with a switch to Aston Villa, as the candidate to solve Arsenal's attacking problems.
Swedish international Kim Kallstrom appears set to become Arsenal's first January signing on deadline day after Spartak Moscow confirmed a loan deal was close to being agreed.
The deal comes after Mathieu Flamini was suspended for three games after being sent off against Southampton and injury to Aaron Ramsey, whose Arsenal return was put back after a setback in his recovery.
"We are open minded and active, we look at opportunities. We still try to bring at least one player as we were hit by the suspension to Flamini and the injury to Ramsey. A midfielder is one of the solutions," said Wenger.
"I would scrap the winter transfer window. It is 80-20 we will do something else today. The window is a distraction from the competition. I can understand the interest but it's not football.
"The Draxler situation has been created by the newspapers, not by me," he continued.
"You ask me, what is that situation? I say nothing is happening on that front. He will stay at Schalke."
"We are open-minded and active. We look at the opportunities.
"We are still trying to bring at least one body in because we are a bit hit now by the red card for (Mathieu) Flamini, the setback of Ramsey and the fact that (Jack) Wilshere is not available, which I hope will be short term.
"We are in an area where we had plenty of players, suddenly we are a bit short. It is 80/20 and I am confident we will be able to do something today."