In almost every transfer window for the past two or three years, the France international striker has been linked with a move to the Gunners, and it appears this summer will be no different.
Yet, there is a growing belief that this potential deal might soon happen, considering Wenger’s quest for real quality and Benzema’s position at Madrid undefined following Rafa Benitez’s appointment.
As per a report in The Sun on Thursday, Arsenal are said to be plotting a £40 million bid for the former Lyon man, with negotiations to begin over a potential deal next week.
However, Wenger has since denied such talk, telling reporters for the Daily Mail: “I don't know where this comes from but it's not happening at the moment.”
Could a deal still happen?
While it’s unlikely, Wenger’s comments suggest he may still be open to the idea of spending big for Benzema, with six weeks of the transfer window still remaining.
The 27-year-old’s position at the Santiago Bernabeu isn’t clear, with talk of Portuguese superstar Cristiano Ronaldo moving to a centre-forward role in order to compensate for his change in playing style.
Benzema is still widely expected to remain a Madrid player beyond the end of the current transfer window, yet many observers feel this is the Gunners’ best chance yet of pulling off a ground-breaking transfer.