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Former Arsenal captain Mikel Arteta is set to take over as new Gunners manager on a contract that will make him stay in the club till 2023.

The recruitment process obviously, is the reason director Josh Kroenke have flown back to the United States.

After a bad and discouraging couple of results, Arsenal have been looking for a new manager since Unai Emery was sacked in November.

According to 90 mins, names of some coaches like Massimiliano Allegri and Mauricio Pochettino were listed, but Arteta is at the moment, a favourite of the Gunners.

In a recent development, managing director Vinai Venkatesham and chief contract negotiator Huss Fahmy visited Arteta in his house and had two hours of discussion, after Arsenal’s defeat to Manchester City on Sunday.

According to a reliable source, Arteta, who works as assistant manager under Pep Guardiola at the moment, is prepared to leave his current role at Manchester City.

If the Spaniard comes on board as Arsenal manager, he will definitely be in charge as the Gunners plan to face Everton on Saturday.