With Bendtner's departure set to follow that of long-serving defender Gael Clichy, Wenger is likely to quickly reinvest those transfer funds, which could be boosted by a further £4million should Emmanuel Eboue join Galatasaray.
Valencia's Juan Mata has long been on the Arsenal manager's radar, and his £15million signature would go some way to offsetting the impending departure of Fabregas, as well as guarding against the uncertain future of contract rebel Samir Nasri.
A centre-back is also high on Wenger's wanted list, but Arsenal will have to significantly increase their £10million offer to test Everton's resolve over England international Phil Jagielka.
Blackburn's Christopher Samba would be a cheaper option and has made it clear he would relish a move to the Gunners, with the chance of Champions League football.
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