Arsenal remain firm favourites to capture Real Madrid striker Klaas-Jan Huntelaar, with Arsene Wenger admitting that he will look to do 'something' in the transfer market before deadline day.

Huntelaar - who has been described by his compatriot Louis van Gaal as the "the best player in the world, bar none inside, the penalty box" - rejected an €18million (£15.5m) move to German club Stuttgart last week.

The 25-year-old is said to favour a move to the Premier League, and after Tottenham effectively ruled themselves out of the race after signing Portsmouth's Peter Crouch, the Gunners appear to be in pole position having registered their interest in the Holland international.

Arsenal boss Arsene Wenger has only signed Belgian defender Thoms Vermaelen from Ajax this summer, while
Kolo Toure's imminent departure to Manchester City looks to swell the club's coffers to over £40million in transfer fees received this summer following the sale of Emmanuel Adebayor to cash-rich City earlier this month.

But despite having the funds available to bankroll a move for Huntelaar, 'The Professor' has hinted he will wait until after the forthcoming Emirates Cup before making any moves into the market.

"At the moment I am more focused on getting everybody fit for the start of the season," the Frenchman told the London Evening Standard.

"We are looking at opportunities as well. There are still some pre-season games to see what we really need and when the time has come we will do something.

"I wouldn't like to set a time on it."