Arsene Wenger insists Arsenal could be active in the January transfer window as reports of a winter move for Monaco star Thomas Lemar continue to circulate.

The Gunners were busy right up until the final hours of the summer transfer window as they attempted to get a €100m (£90m) deal for Lemar over the line ahead of Premier League rivals Liverpool.

Monaco vice-president Vadim Vasilyev later confirmed the Gunners were the closest to signing the France international on deadline day before refusing to rule out the possibility of a January exit.

Arsenal appear ready to test Monaco's resolve again in the New Year with L'Equipe reporting earlier this month both the Gunners and Liverpool will try to sign the play again in the January window.

And Wenger says the club will make moves if they believe their transfer targets are available – but has warned supporters not to expect wholesale changes.

"You do not imagine that will we will change 10 players in January," Wenger told beIN Sport, report. "It is 90 percent that it is the same squad.

"If we can find some additions to strengthen our squad we will do it. But we have a big squad, I think we have players of quality. We need just to stick together and fight as we can until the end of the season.

"I believe that we have to be faithful to the players we have at the moment."

Arsenal's decisions over incoming transfer deals could be largely dictated by how the futures of some of their current squad players are resolved. Mesut Ozil and Alexis Sanchez are both about to enter the final six months of their contracts at the Emirates, leaving Arsenal with one last chance to cash in on their pair in January or lose them for nothing at the end of the season.

Olivier Giroud's future is also uncertain, with the France international considering a January exit to help boost his World Cup hopes, having started just one league game for the north London side this season.

Thomas Lemar
Lemar was the subject of a £90m offer from Arsenal on transfer deadline day. Getty