Arsenal have reportedly opened talks with Carlo Ancelotti and could reach an agreement with the former Napoli boss as early as this afternoon.
Despite guiding Napoli to the last 16 of the Champions League, that was not enough for Ancelotti to keep his job at the San Paolo.
After moving into pole position to fill the Arsenal vacancy, Tuttomercatoweb claims the Gunners have now approached the 60-year-old, offering him a contract until 2021.
The website adds a final agreement between the two parties could be found later today.
Carletto previously managed Arsenal’s local rivals Chelsea, leading them to a domestic double in 2009-10.
The North Londoners, for their part, are currently ninth in the Premier League, seven points behind the top four.
However, they seem all set for the Europa League knockout stages and conclude the group stage against Standard Liege. on Thursday