Arsenal set to appoint Unai Emery as new manager

According to the BBC's David Ornstein, Arsene Wenger's replacement will be the 46-year-old Spanish coach, who left PSG earlier this summer after two years in the French capital, winning the domestic treble this season.

Emery's most notable body of work was winning three successive Europa League titles as Sevilla coach between 2014 and 2016.

However, he is infamously remembered for the 6-1 defeat at Barcelona last season in the Champions League last 16 that saw PSG squander a 4-0 lead from the first leg to go out of Europe in humiliating fashion.

Despite spending £198 million to break the world transfer record to land Neymar from Barcelona, PSG suffered more disappointment in the Champions League last 16 this term as they lost 3-1 away and 2-1 at home against Real Madrid.

Arsenal apparently opted against appointing former player Mikel Arteta as their next manager due to his lack of experience.

According to Spanish newspaper Marca, Arsenal majority shareholder Stan Kroenke and chief executive Ivan Gazidis decided that appointing former the Gunners midfielder would be a risk because he lacks managerial experience at the top level.

The 36-year-old Spaniard now seems likely to continue in his assistant manager's role alongside Pep Guardiola at Manchester City.

Other media reports claim Arteta withdrew from the process after being promised only £50m to spend.