Arsene Wenger has set his sights on Standard Liege forward Michy Batshuayi and Real Madrid’s Alvaro Morata, as the Gunners step up their attempts to sign striking reinforcements in January, according to the Daily Mirror.
Batshuayi is regarded as one of the brightest young talents in Belgian football, and is thought to be available for around £8million.
The 20-year-old has already managed 12 league goals in Belgium this season, and Arsene Wenger has sent scouts to watch him action already.
The Gunners boss is likely to do so again to get a final assessment, before launching a January offer.
Another striker Arsenal have in their sights is Real Madrid forward Alvaro Morata.
North London rivals Tottenham have held a long standing interest in the player, who they tried to bring to White Hart Lane in the summer as a part of the world record transfer which saw Gareth Bale move in the opposite direction.
They were rebuffed in their attempts to sign him by Real Madrid manager Carlo Ancelotti, who insisted Morata was needed at the Bernabeu for the present and the future.
But the young Spaniard has found first team football hard to come by, and Ancelotti is open to allowing him to leave on loan for the remainder of the season, although Arsenal have emerged as the favourites for his signature ahead of their great rivals.