The Gunners must be in a good mood. Not only is a top four slot in sight, but FA Cup glory beckons, Champions League action is still on and believe it or not, Arsene Wenger is the busiest Top 5 manager ahead of the January transfer window closing today.
Of course, in true Wenger style it is not a major star or an experienced central defender that the Arsenal manager has picked up.
British press confirmed that Wenger has brought in a rookie German teenager.
The Arsenal boss has agreed a £600,000 fee for rising Dortmund star Thomas Eisfeld.
Midfielder Eisfeld, 19, has yet to make a debut in Dortmund's first team.
Eisfeld, a right-footed playmaker, had six months of his contract left which is why he will arrive for such a small fee.
This comes after news of Arsenal's interest in Watford defender Adrian Mariappa, 25.
Wenger is considering a £2 million move but the Hornets are hoping Newcastle will raise their offer to £3 million.
No Christopher Samba, or even a striker should Van Persie find the pressure of scoring in every game becoming too much.
The mood in the Arsenal camp however is bullish.
Chief executive Ivan Gazidis has taken a swipe at big-spending Manchester City.
Gazidis said: "Manchester City would love to be in three competitions. Money is not everything in this game. I don't disagree that it's important. But we do things based on a value system. We're about creating star players, not about buying them,” he was quoted as saying in The Sun.
And Theo Walcott took much solace in his fluke goal against Aston Villa in Sunday’s FA Cup game.
“I'm getting back to my best. I wasn't happy with my last few games, but hopefully now I can get back to the level I should be."