Not sure that Arteta a 1 year deal means we won't sign a DM. To be honest it would be pretty harsh not to give Arteta another deal given what he's done for us. He is our captain after all and the fact that it is only a 1 year deal suggests that Wenger still has another long term option planned.
It is a problem if we have two players who could potentially play in the DM spot, besides Coqs. We should have moved Flamini on but he seems to want to stay with us. I do hope he goes and we bring in a DM, but targets that are being linked to us are going one by one. The latest appears to be Schlinderlin who is currently favourite to sign for manure. Have we even made a bid for him?