Arsene Wenger will finally leave next season?

Arsenal will review Arsene Wenger’s position this summer ā€” with the prospect of ending the Frenchman’s 22-year reign now emerging as a genuine option.

The Gunners have already started compiling a list of potential candidates to replace Wenger if time is called on his tenure at the end of the season.

Monaco boss Leonardo Jardim, Germany manager Joachim Low, Celtic head coach Brendan Rodgers and Manchester City coach Mikel Arteta are among the early contenders.

Sources insist Wenger, whose position is under more scrutiny following Sunday’s feeble Carabao Cup final defeat by Manchester City, will fight to see out the final 12 months of his contract at the very least.

But Sportsmail understands there is growing support among Arsenal’s power-brokers for Wenger to leave north London at the end of this season.

The end-of-season review will be key as to whether Wenger is given the chance to stay for another campaign. This leaves him facing serious questions about what has so far been a below-par season.

Much will depend on whether Wenger can lead the club back into the Champions League, although achieving that feat will not be the only factor. A route back into Europe’s elite looks unlikely through the Premier League as the Gunners are currently 10 points adrift of fourth-placed Tottenham.

So Arsenal’s most likely way back is by winning the Europa League, although they face a daunting, two-legged clash against AC Milan in the next round.