Luis Enrique
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The former manager of Barcelona, Enrique is currently the favourite to take the job.
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Heavily touted as a potential successor to Antonio Conte at Chelsea, Arsenal will need to move fast to get their man as he will surely be in high demand after taking a year out following three successful years at Barcelona.
Those years at the Nou Camp saw Enrique lead the team to one Champions League victory, two La Liga titles, three Copa del Reys, one Spanish Super Cup, a UEFA Super Cup and a FIFA Club World Cup.
Like Ancelotti, Enrique is available and if Arsenal move quickly, his would surely be an appointment to get all Arsenal fans excited once more.
Edited by Arvind Sriram