Mesut Ozil
Arsenal must attempt to sign Mesut Ozil and Angel Di Maria if Madrid sign Gareth Bale. [Reuters]

Arsenal supporters have had very few reasons to feel optimistic about the new season but that could soon change with the transfer of one player. Should Gareth Bale finally complete his protracted move to Real Madrid from Tottenham then it could well be the red half of north London who finally have something to celebrate.

After a 3-1 home defeat on the opening day of the season to Aston Villa, Arsenal fans up and down the country had every reason to vent their frustration. Ivan Gazidis had promised funds in June when he stated that there was an "escalation in our financial firepower". The chief executive even banded around a figure of £70m yet when the Gunners got their season underway they had spent the grand sum of zero.

Wenger has repeatedly talked up young forward Yaya Sanogo, who was signed on a free transfer from Auxerre, but it was tough for Arsenal fans to keep quiet as Tottenham twice broke their transfer record to secure Brazilian midfielder Paulinho and Spain international Roberto Soldado.

Talented midfielder Nacer Chadli and Etienne Capoue would also arrive at White Hart Lane as Andre Villas-Boas looked to build a squad that could finally finish above their north London rivals. But while Spurs continue to strengthen they could be about to lose the most talented performer. Bale's 21 league goals almost single-handedly kept them in the race for Champions League football but he could soon call Madrid his home.

Real president Florentino Perez is determined to get his man and is prepared to break the world record transfer fee to make sure that the latest 'galatico' arrives before the transfer window slams shut on 2 September.

But perhaps Bale's transfer could be a blessing in disguise for Arsenal. Tottenham will certainly be significantly weaker without the outstanding performances of Bale, and even if they find a suitable replacement, it is unlikely that that player will have the same impact as the Welsh wizard.

There is also the possibility that Wenger could finally spend some of Arsenal's hard earned money on two outstanding Real Madrid players. Gifted central midfielder Mesut Ozil and the highly skilled attacking midfielder Angel Di Maria have both been linked with a possible exit from the Bernebeu.

The latest suggestion is that Real would be prepared to cash in on the duo in order to recoup some of the money they plan to spend on Bale. Ozil's craft would add an extra dimension to Arsenal's play, while the pace and skill of Di Maria would provide Wenger with a vastly improved option in attack.

Both players are said to be available for a total of £60m, a figure that falls within the budget originally stated by Gazidis earlier this summer. They would significantly improve the current Arsenal first team and would appease the fans who are so desperate for world class players to arrive.

With rumours suggesting that Manchester United are also keen on Ozil, it would also represent a major coup for Wenger to beat his great rivals to the German international.

Arsenal's emphatic 5-0 aggregate victory over Fenerbahce made sure that the club will once again compete in the Champions League, a factor that could help them persuade Ozil and Di Maria that the Emirates is a viable destination.

It certainly seems as though it is time for Wenger to make a major statement. Victory over Fulham kept the fans from voicing their frustration and the addition of two genuinely world class footballers would also do much to appease supporters.

With less than a week until the curtain falls on this summers' transfer window, the Arsenal faithful will be waiting with baited breath as for once, they may just have something to celebrate come 3 September.