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With the injury to Olivier Giroud looking to be even more serious than first thought, Arsenal may have to enter the transfer market for a striker if they are to compete in The Premier League and Champions League this season.

The Frenchman could be out until the New Year leaving The Gunners desperately short in attack. Youngster Yaya Sanogo is certainly not ready to be a regular starter for such a big club while Alexis Sanchez and Lukas Podolski are more suited to wide forward positions rather than as a central striker.

As Arsenal are reportedly reluctant to sign a striker on a permanent basis, preferring to spend their transfer funds in other areas, they will now have to look to the loan market to bring in a suitable striker.

This could turn into a blessing in disguise however, with The Metro reporting that Radamel Falcao has informed Arsenal that he is available for loan and would be willing to join them until the end of the season.

The Colombian forward has been linked with a move away from Monaco throughout the transfer window but with a move to Real Madrid now looking unlikely, the 28-year-old is prepared to spend a year in The Premier League with The Gunners.

The move would see Arsenal paying the player’s wages but saving by not having to spend a huge sum that would come with signing such a prolific striker on a permanent basis. Meanwhile Falcao would get to move away from Monaco and ply his trade in the English league.

If a deal for Falcao cannot be pushed through, Arsenal could make moves for other targets that include the likes of Danny Welbeck, Loic Remy and Edinson Cavani. Theo Walcott is also due to return from injury shortly. His return could mean that Arsene Wenger may not even make a move in the transfer window for a striker, preferring to play the Englishman as their main striker.