Arsenal fans will awake to an awkward and uncomfortable day on Thursday morning.
Not because their North London rivals Spurs are on the verge of announcing another eye-catching signing, Etienne Capoue, or are linked to Brazil hit-man Hulk.
But mainly because it seems the Gunners have missed out on yet another transfer target.
Earlier this week Arsenal seemed close to luring Brazil international defensive midfielder, Luis Gustavo, to the Emirates.
Having been deemed surplus to requirements at Bayern Munich, and in need to play regularly to secure his ticket to the World Cup next year, Gustavo had expressed a willingness to play under “clever” Gunners boss Arsene Wenger.
However, it appears as if a perfect storm of market forces have driven Gustavo not to the English Premier League, but to remain in the Bundesliga.
Two German papers, Bild and kicker, have both claimed that Gustavo will pen a deal with Wolfsburg today.
The former German champions share a sponsor with Bayern- Audi- and his agent has good relations with both clubs.
Significantly, Wolfsburg are willing to match, if not better, the salary Arsenal would pay Gustavo, and he is said to be in line to pocket the equivalent of £115 thousand per week by joining Wolfsburg.
The transfer window so far has been a torrid affair for Arsenal, with only little known Yaya Sanogo having arrived without much fanfare.
Breaking with tradition, Wenger threw all his eggs into a big-money pursuit of Liverpool trouble-maker Luis Suarez, only to be rebuffed at every turn by the Reds.
And in what could make for even more discomfort for Arsenal fans, who have gone from hating Suarez to loving him to hating him again, Wenger is apparently still flogging the dead horse.
Reports in the British media suggest that despite Liverpool’s continued assertion that Suarez is not for sale to Arsenal at any cost, and the player’s purported admission that he is staying at Anfield, Wenger is still trying to sign him, and will submit a final £49 million bid for Suarez imminently.
If indeed Arsenal have failed to sign Gustavo, and are then rejected again by Liverpool, all the eggs in Wenger’s basket will be on his face.