Next Arsenal Manager Betting Odds: Luis Enqriue favourite to replace Arsene Wenger but is Ancelotti the best bet?

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The former Barcelona boss leads a star-studded list of potential managerial appointments at the Emirates Stadium this summer according to bet365

Bookmakers and punters alike have had some time to digest Arsene Wenger's announcement that he is due to step down as Arsenal manager at the end of the current campaign.

The tributes have been flowing from all corners, covering all 22 years of Wenger's reign in North London, but now talk must turn to a replacement for the 68-year-old Frenchman.

bet365 have Luis Enrique as 11/4 (3.75) favourite to take over at the Emirates. The former Barcelona boss took the Catalan giants to Champions League glory during his three-year tenure and is due to return from his year away from football this summer.

Luis Enrique Barcelona

His immediate availability and CV mean Enrique has understandably been the punters' choice in the early betting. The 47-year-old has also been heavily linked with the Chelsea job should Antonio Conte depart in the coming weeks but would the Spaniard take either role without the guarantee of Champions League football when his stock is undoubtedly high?

That's likely to prove a stumbling block for Juventus boss Max Allegri too, who is currently 8/1 (9.0) to be Arsenal's next permanent manager, alongside Germany's national coach Joachim Low.

Carlo Ancelotti (11/2) is seen as the nearest challenger to Enrique according to bet365's latest odds and the 68-year-old could be an ideal appointment to take over from Wenger.

Following a 22-year legacy is no easy task and even with recent campaigns proving disappointing to Gunners' fans, a seasoned manager who has Premier League experience to steer the ship could be a wise move until a long-term successor could be sought out in the medium term.   

The former Chelsea and Bayern Munich boss has been out of work since leaving the Bavarian giants earlier in the season and admitted he is open to a return to management in a press conference last week.

At the current prices Ancelotti looks a solid option given the likelihood that several leading contenders might be unwilling to move to a club with no Champions League football.

Next Arsenal Manager Odds with bet365

That would certainly be the case unless the Gunners can get the better of Atletico Madrid and go on to lift the Europa League in Lyon next month. It's far from impossible - the Gunners are second favourites to win the tournament - but the uncertainty could prove a big issue for some of those at the front of the market.

Brendan Rodgers (10/1) distanced himself from the vacancy over the weekend while Thomas Tuchel (11/1) has been heavily linked with the PSG job.

Patrick Vieira was gambled on immediately following Wenger's announcement but has since drifted back to 12/1 (13.0) with bet365, just ahead of Diego Simeone at 14/1 (15.0).

Attracting an elite manager without the lure of the Champions League could be a major stumbling block for Arsenal and as such, Carlo Ancelotti (11/2) could be a perfect replacement for Wenger, albeit only for a couple of years while the Gunners decide on a long-term appointment.

Betting Banner - Best Bet Carlo Ancelotti to be Arsenal's next permanent manager at 11/2 (6.50) with bet365 for a 1pt stake

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