There is less than a week left in the transfer window and Arsenal are still yet to spend any money to strengthen their squad.
Yaya Sanogo, a 20-year-old striker who arrived on a free transfer, remains the only addition this summer and, despite plenty of links to top players throughout Europe, the Gunners appear no closer to landing a star signing to appease their fans.
The Frenchman's desire to sign the attacking midfielders has been reported by a number of media outlets, with the Daily Telegraph's Jeremy Wilson claiming that Real will let the players leave provided they complete the signing of Tottenham's Gareth Bale.
Wenger reportedly has upwards of £70 million available to spend on new players before the Sept. 2 deadline and Madrid are keen to recoup some of the world-record fee they expect to pay Spurs for the Welshman's services.
The Arsenal boss has come under criticism in recent years for selling world-class players like Robin Van Persie and Cesc Fabregas at the peak of their powers. As a result, the current squad—although young and talented—is lacking the big names and ability of genuine Premier League title contenders Manchester United, Manchester City and Chelsea.
The signings of Di Maria and Ozil would transform Wenger's starting XI almost instantly, making them a noticeably stronger outfit and giving David Moyes, Manuel Pellegrini and Jose Mourinho a sharp reminder that there's another team capable of finishing top-of-the-table.
Both players have been key for Madrid up until now, helping Los Blancos beat Barcelona to the La Liga title in 2012 and taking them to the brink of the Champions League final last season. And at 25 and 24 years old respectively, they have their best years ahead of them.
The midfielders are both accustomed to the type of eye-catching, possession-heavy football Wenger has built his reputation upon and would have no problems fitting into the Gunners' preferred 4-3-3/4-5-1 system.
Furthermore, Di Maria would offer the flexibility of being able to play off either flank, opening the pitch when operating in tandem with Theo Walcott, while Ozil offers the more technical one-touch option to capitalise on the gaps opened by the pace of those two players.
In fact, some might argue that a midfield consisting of Di Maria, Ozil, Walcott, Jack Wilshere and Mikel Arteta would be the best in the entire division.
While fans are still crying out for a prolific striker to remove the goalscoring burden from Olivier Giroud's shoulders, the signings of Di Maria and Ozil would evaporate much of the ill feeling currently directed at Wenger and the club's board.
The double swoop would be huge sign of intent heading into a long, difficult season. It could signal that Arsenal are finally ready to compete financially with their Premier League rivals—something they have failed to do since leaving Highbury.
It's now down to Wenger and the club's money men to take that leap and sanction a deal before it becomes too late.
If both players reach their potential, it could be the smartest—and most significant—transfer move the club has made since signing Van Persie and Fabregas all those years ago.