Arsenal linked to wantaway Manchester City midfielder

Arsenal are preparing a ten million pound offer for Manchester City's midfielder James Milner, according to both the Guardian and the Times:

Arsenal are planning a £10m offer and Arsène Wenger will try to sell the club to Milner by offering to restore him to a central role. Wenger sees the England international as having the experience and mobility to provide competition for Mikel Arteta and Mathieu Flamini.

-- Source: The Guardian

Obviously Manchester City can offer more to Milner in terms of wages and bonuses, but the English international has been mostly riding the pine this year on a team loaded to the gills with midfield talent both wide and central. The other issue, of course, is Milner's homegrown status:

The chances of City allowing him to leave are, however, complicated by the fact that he and Joe Hart were the only two Englishmen to play regularly for Manuel Pellegrini's team last season

-- Source: The Guardian

At first, I wasn't convinced that a bid for the 28-year old Milner made a lot of sense for Arsenal, who have some talent of their own in the center of the midfield in Aaron Ramsey, Jack Wilshere, and Alex Oxlade-Chamberlain. But some convincing voices argued that his versatility (he can play wide, centrally, even fullback, and is defensively very capable for his position) is indeed valuable. It is also true that Mikel Arteta isn't getting any younger (he's 31, and visibly slowing at this point), nor is Mathieu Flamini (whose game is fairly limited), nor is Tomas Rosicky (who hasn't really featured centrally for Arsenal lately). Milner isn't a spectacular OMG target, but he does bring a lot to the table nonetheless.

What do you think? Yea or Nay for James Philip Milner on the Arsenal?