The Italian international left the Eternal City for Liverpool this summer for €20 million following Xabi Alonso's sale to Real Madrid.
However, the playmaker has yet to appear for the first-team having undergone ankle surgery shortly before joining the Merseysiders.
The 25-year-old is finally set to make his Reds debut against Arsenal in the Carling Cup on Wednesday night.
And Gunners' boss Wenger has admitted that he had considered signing the midfielder, but was eventually put off by his lack of regular action due to injury.
"Yes I know [Aquilani] well," he told the club's official website.
"He played against us in the Champions League last year and came off the bench in Rome. He is a talented player but has been troubled a lot by injuries.
"We followed him for one or two years but he did not play a lot last year so he got a little bit out of sight for us and we lost our interest in him."
Thank you for reading 5 articles this month* Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read 5 free articles per month without a subscription
Join now for unlimited access
Try first month for just £1 / $1 / €1
Gregg Davies is the Chief Sub Editor of FourFourTwo magazine, joining the team in January 2008 and spending seven years working on the website. He supports non-league behemoths Hereford and commentates on Bulls matches for Radio Hereford FC. His passions include chocolate hobnobs and attempting to shoehorn Ronnie Radford into any office conversation.
Get the best features, fun and footballing frolics straight to your inbox every week.
Thank you for signing up to Four Four Two. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.