Breaking down the shortlist to replace Arsene Wenger at Arsenal

Scholes and Giggs celebrate scoring a goal. Image PA

Wenger said he has not decided whether his next job will be as a manager or at boardroom level, having previously said he will continue to work in football following his Arsenal departure.

The 36-year-old has been working as assistant coach to Pep Guardiola at Manchester City, but has not managerial experience.

The 36-year-old, who played with Arsenal for five seasons, is now Pep Guardiola's assistant manager at Manchester City and has fulfilled that role for the last two seasons.

Former Arsenal manager, Arsene Wenger, has said Mikel Arteta has "all of the qualities" required to replace him at the club.

NAIJ.com previously that Arsenal chief executive, Ivan Gazidis, reportedly want former Arsenal captain Mikel Arteta as a possible replacement for Arsene Wenger this summer.

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His appointment would be a bold move for an otherwise conservative board at Arsenal.

When the first batch of potential names began being disseminated to the press it was filled with big-names in managing who would come to Arsenal with a great deal of clout.

The club have considered the merits of a number of managers, including Max Allegri, but the current Juventus manager wants greater control over budgets and recruitment for the next cycle of his career. Santi Cazorla's decision to take up such a position is still not confirmed as he's been seeking a return to action since returning from injury.

Club sources believe that, barring a dramatic change of heart, Arsenal will now offer the job to Arteta before their previously advertised cut-off point. Arteta also has received tutelage from a man that many consider the best in the business today by assisting under Guardiola. Arteta knows the importance of Cazorla in the team's dressing room, which could be vital in keeping the squad together.

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