Next Arsenal Manager betting odds: Allegri now clear favourite to take over the Gunners

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The current Juventus manager has been backed into 6/4 (2.50) with bet365 to be Arsene Wenger's replacement at the Emirates Stadium this summer

Goal's Arsenal correspondent Chris Wheatley revealed that Massimiliano Allegri and Mikel Arteta are the frontrunners to become the next Arsenal manager.

The bookmakers certainly agree that the former is the most likely candidate to be Arsene Wenger's replacement, with bet365 offering 6/4 (2.50) about a move to the Emirates Stadium.

Talks between Allegri and Juventus are planned for the coming weeks and with the 50-year-old previously stating his desire to coach in England, it's understandable to see him top the betting to take over at Arsenal.

Mikel Arteta

Mikel Arteta though, is some way back in the market with bet365 who offer an industry best price of 16/1 (17.0) at the time of writing. The former Gunners player is currently on Pep Guardiola's coaching staff at newly crowned Premier League champions Manchester City and would surely represent something of a gamble given his relative lack of managerial experience.

Former Barcelona boss Luis Enrique was originally the market leader when Wenger announced that he would be leaving the club and at 4/1 (5.0) is still seen as a viable option, albeit the move for Allegri has seen the Spaniard's price drift in recent days.

Carlo Ancelotti is available at 8/1 (9.0) to take over and the former Chelsea boss now sits ahead of Zeljko Buvac (12/1) who was backed into favouritism last week but has since seen his price lengthen considerably.

Jurgen Klopp’s assistant, who will not be involved at Anfield for the remainder of the campaign, sparked a huge gamble from an initial 50/1 (51.0) to 2/1 (3.0) just days ago.

Next Arsenal Manager latest odds

This is just the latest example of how volatile managerial markets can be with big price moves fairly common with such roles, although many of them end up going astray as far as punters are concerned.

Brendan Rogers is available at 16/1 (17.0) but the Celtic boss has publicly ruled himself out of the running for the vacancy, having sealed yet another Scottish Premier League title with the Hoops.

Goal's recent report on the situation at the Emirates suggests that Leonardo Jardim is also on the shortlist, with the Monaco boss available at a best price of 25/1 (26.0) with bet365.

Odds correct at the time of publication. Please gamble responsibly.

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