The Arsenal manager has been hot on the trail of Rennes midfielder M'Vila for around 12 months and the Gunners have now opened talks with the French club over a £17million move.
Arsenal have scouted other targets in case their attempts to sign M’Vila end in failure; Athletic Bilbao playmaker Javi Martinez and Anderlecht central midfielder Lucas Biglia have both been watched.
But Arsenal officials are said to be increasingly confident of securing a deal to sign the France midfielder next season - providing the north London club qualify for the Champions League, of course.
Regarding Hoilett, Wenger can see only positives coming from signing a player who is out of contract at the end of the season. The free agent has also attracted strong interest from Bayern Munich and Marseille.
