Arsenal eye Costa and Kalou, but Morata and Benzema out

Arsene Wenger on the hunt for Walcott replacement, as he also monitors MK Dons starlet

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(Image credit: 2013 AFP)

WITH Arsenal still reeling from the news that Theo Walcott is out until next season with a knee injury, rumours about replacements are flying faster than coins from a section of Tottenham fans. Though Olivier Giroud is expected to be fit for next Monday's clash with Aston Villa, Arsenal are without Nicklas Bendtner for a month and Lukas Podolski is still working his way back to fitness after a long lay-off, so the pressure is on Arsene Wenger to bring in new blood.

According to the International Business Times, Wenger will swoop for another striker in the coming weeks with Atletico Madrid's Diego Costa high on his list of preferred choices. The IB Times reports that Arsenal scouts have watched Costa "on several occasions this season" and though Wenger had previously laughed off the idea of meeting the Brazilian's €38m (£31.6m) release cause, his current predicament may lead the nutty professor to open the purse strings for a player also said to be a target for Manchester United.

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Bill Mann is a football correspondent for The Week.co.uk, scouring the world's football press daily for the popular Transfer Talk column.