ARSENAL TRANSFER NEWS: Martin, Dempsey, Arteta, and M'Vila

It was a frantic Tuesday for Arsenal, and Wednesday shouldn't be much different.

Manager Arsene Wenger made some major additions on the eve of the transfer deadline. The club signed South Korea captain Chu-Young Park for roughly £3 million, and have a £6 million deal in place for Brazilian left back Andre Santos. After months of speculation, Arsenal finally ended their search for a centre back by adding 6'6 German Per Mertesacker for roughly £8 million.

Arsenal have been prone to target younger players with the intention that they could develop into great players. However, the Gunners landed some notable players in their prime this summer. Gervinho, Park, and Mertesacker are in their mid 20s, while Santos is 28.

There may be more midfield reinforcements on the way for Arsenal following the departures of stars Cesc Fabregas and Samir Nasri. The Gunners need at least one creative midfielder, while a defensive midfielder is also high on the club's priority list.

The Independent reports that French holding midfielder Yann M'Vila of Rennes is still a top target, though the French club appear to have a price too high for Arsenal at £25 million. Sochaux's creative midfielder Marvin Martin, valued at about £12 million, also continues to generate interest from the Gunners.

Should Arsenal miss out on M'Vila and Martin, the club would pursue Chelsea midfielders Yossi Benayoun and Florent Malouda, according to The Guardian. So far, neither Benayoun nor Malouda has received a formal bid, but that can certainly change given how fast things are moving.

A source close to Clint Dempsey said the Fulham midfielder will be acquired by Arsenal should the club receive a reasonable valuation, according to Goal.com. Though the American has proven to be an efficient player for Fulham and the U.S., Arsenal need a player who is more comfortable in the center of the pitch, and can create for other players.

Wenger could also turn to Everton's Mikel Arteta. The People reported this week that the Gunners were interested in the Spanish midfielder, and would consider a swap involving Nicklas Bendtner, who is still at Emirates despite links to several clubs.

It's surprising that Bendtner and goalkeeper Manuel Almunia are still on the club at this point. Both players were expected to move on following the completion of the 2010-2011 season. In July, Bendtner went public that he anticipated that he had played his last match for Arsenal.

In the past three days, Arsenal have spent roughly £17 million of a war chest that is estimated to hover above £80 million.

With hours remaining, there are still plenty of resources for Arsenal to further upgrade the squad.