The hunt for Wenger's successor continues, with Arteta now the bookmakers' favourite to return to the club he served as a player between 2011 and 2016.
According to Sportsmail, it is believed the Gunners are 90% certain that their former midfielder Mikel Arteta will replace Wenger as manager. "There's maybe a small advantage for Allegri and Ancelotti as they both have a lot of experience in Italy, Germany and England".
Petr Cech feels that Arsenal are not far away from being able to challenge for the Premier League title next season.
Whereas Manchester United unveiled David Moyes just 24 hours after Sir Alex Ferguson announced his retirement in 2013, Arsenal have taken nearly a month (and counting).
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Boro Primorac, a long-term coach and friend of Wenger, was always likely to leave and, as the outgoing manager prepares to clear his office later this week, a number of other backroom staff have also been relieved of their duties.
"But I think the new manager, or new coach, will find a great setup with a very healthy club and a great support".
Joachim Loew was a strong candidate for the post but the the German FA announced that the 58-year-old signed a contract extension to remain as the countries head coach until 2022.
"It will be very hard for me [without Arsenal]", Wenger told Arsenal's website. My club is here, my heart is here and will be forever.