Arsenal manager Arsene Wenger made a huge announcement on Friday, confirming that he will step down at the end of the season.

The Frenchman has cut a frustrated figure over the last few seasons due to the club's failings in the Premier League.

The club have not won the English crown since the 2003-04 campaign, and they have not come close in recent years.

In fact, the North London outfit are unlikely to finish inside the top four for a second consecutive season, meaning that they need to win the Europa League in order to qualify for the Champions League.

For so long, the majority of Arsenal fans have been keen for Wenger to walk away from the club following two decades in charge.

Many had hoped that the time would come at the end of last season, but the Frenchman ended up signing a new two-year deal.

Now, Wenger, who won three Premier League titles and seven FA Cups in charge of the Gunners, has decided that his time is up.

Prior to the announcement, fans had been already discussing potential replacements, with plenty keen for Juventus boss Massimiliano Allegri to take the hotseat.

Interestingly, former Liverpool manager and current Celtic boss Brendan Rodgers is third-favourite with the bookmakers to succeed Wenger.

Sky Bet and Betfair have shortened odds to 9/2 on the Northern Irishman taking over at the Emirates.

During a two-and-a-half-year spell at Liverpool, Rodgers came close to guiding the Reds to their first Premier League title, but just fell short to Manchester City.

At Celtic, the 45-year-old has had much more success by winning four trophies, including the Scottish Premiership.

Early indications suggest that Arsenal fans would be very unhappy if Rodgers arrived at the Emirates this summer.

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