Arsenal are believed to be the favourites to be the next club of Lewis Holtby. The midfielder, who plays for the German Bundesliga side Schalke, has decided not to sign a new contract and could leave on a free transfer in the summer. Liverpool are also very keen on the 22-year old, but his English father is an Everton fan, and Holtby has said that he would be reluctant to join their rivals.
Schalke have manages to persuade Klaas-Jan Huntelaar to remain at the club, but they have resigned themselves to losing Holtby, according to Sportsmail. The German club must now decide whether to cash in during the January transfer window or lose him for nothing at the end of the season. Because they are still in the champions league, they will probably decide to keep him until the summer. The extra money they could earn with a run in that, plus qualifying for the competition next year could be worth easily more than his fee.
Unless he is available for very little in January, perhaps due to financial pressures on Schalke, Wenger will probably be happy to wait until summer. Holtby would not be available to play in Europe for Arsenal, and the midfield of the Gunners is pretty strong already apart from a strong defensive player, so he will probably not be heading to the Emirates until the end of the season.