Ex-Arsenal striker Charlie Nicholas has called on Arsene Wenger to bring Morgan Schneiderlin and Raphael Varane to the Emirates.
The Gunners are currently on course to finish in the top four for an 18th consecutive season, but they have not won the Premier League trophy since 2004.
According to the 53-year-old pundit, Arsenal would be able to challenge for the title once again if they sign the duo from Southampton and Real Madrid respectively.
Nicholas told the Sky Sports News: "I still think they're two players away from being the real deal but I think Wenger is getting close to identifying who those players are.
"It's the defence and the protection of the defence that need attention - he recognises that now. I would like another holding midfield player to come in, perhaps a [Morgan] Schneiderlin type of player.
"Ideally, if the situation arose, I'd like to go and get Raphael Varane from Real Madrid, that's who I'd really love Arsenal to get."
The Gunners are currently seven points adrift of table toppers Chelsea after six consecutive wins.