By Editor Wayne Veysey | Former Evening Standard, Press Association and Goal chief correspondent with 17 years experience of breaking big stories, including exclusives like this

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Arsene Wenger has confirmed that he wants to make a January signing as Arsenal step up plans to assess midfield target William Cavalho.

The loss of Francis Coquelin for between three and six months has persuaded the Arsenal manager to re-evaluate his midfield anchorman plans.

As revealed by Football Insider on Tuesday, the Gunners will send scouts to watch all of William Carvalho’s pre-Christmas matches as they weigh up a move for the Sporting Lisbon star in the winter window.

An Arsenal recruitment source has also told Football Insider that Wenger will consider loan options in addition to permanent arrivals.

This comes as Wenger described on Thursday morning how Mesut Ozil, his club record £40million buy, is one of the best “bargains” of his 19-year tenure as manager.

Wenger has the reputation for being reluctant to spend big but, having admitting that he had no idea what Black Friday was, said that his definition of good value was linked only with quality.

Speaking at his Thursday media briefing about Arsenal’s recruitment plans, Wenger said: “We are in a position where we want to do something.

“If I find the right quality I will do something. Who doesn’t love a bargain? What is for us a bargain is to buy top quality as only top quality strengthens our squad.

Red hot: Mesut Ozil has been in outstanding form this season

Red hot: Mesut Ozil has been in outstanding form this season

“Patrick Vieira cost £2.5million and was a top bargain, first of all because he was a top quality player. We spent £40million on Ozil and I still consider it a bargain because we got a top quality player.”

Ozil has been in outstanding form in recent months, topping the Premier League assists charts with 11 – five more than the next player – and chipping in with important goals, including the opener in the 3-0 win over Dynamo Zagreb on Tuesday night.

“Mesut is not only a provider now; he likes to get on the end of things,” said Wenger “What he has added is the runs into the box. He played before like he was not too obsessed with scoring, now he has a more balance between giving and producing.”