Liverpool dealt Arsenal's hopes of a top four finish a serious blow at Anfield on Saturday night and it's now just 2/5 (1.40) with bet365 that Arsene Wenger calls time on his career in charge of the Gunners before the start of next season.
The 3-1 defeat at the hands of Jurgen Klopp's side means the London club now sit fifth in the Premier League, two points behind the Merseyside club who now occupy the last Champions League place, albeit Arsenal do have a game in hand. It's 7/5 (2.40) that they line up in Europe's premier club competition next term and 8/15 (1.53) that they miss out.
Wenger has strenuously denied a bust up with star player Alexis Sanchez after the Chile international was named as a substitute at Anfield but there is a growing feeling, certainly in terms of the odds movements over recent weeks, that the Gunners could be in the market for a new manager for the first time in over 20 years.
On the brink of European elimination after a 5-1 mauling from Bayern Munich and with his contract due to expire at the end of the current season, Wenger is now 7/4 (2.75) to extend his contract at the Emirates this summer and remain in position for the first match of the 2017/18 campaign. Two weeks ago that price was Evens (2.0).
With a favourable draw against Lincoln in the FA Cup, the Gunners could well be in another showpiece final this summer. That would be their third appearance in four years and there may well be some punters who have backed Wenger to leave with the possibility of that being an ideal exit point from the 67-year-old Frenchman.
The reality is that Wenger can decide his own fate, due to what he has achieved and the set up of the club, a situation somewhat unique to football management, especially at the elite level. That said, if Arsenal do drop out of the top four then it might be time for a change and the bookmakers are certainly taking no chances on Wenger calling time on his tenure.