Mikel Arteta is set to take his place in the dugout as Arsenal's head coach on Saturday after the compensation fee was agreed with Manchester City that will see the Spaniard take over the vacant post.
Freddie Ljungberg was placed in temporary charge after the sacking of Unai Emery, but the Swede has failed to oversee an upturn in results after accruing just four points from his four league games at the helm.
Manchester City and Arsenal are understood to have agreed a compensation fee for Mikel Arteta and the Spaniard is set to be in the Arsenal dug-out for Saturday's match against Everton | by @Lawton_Times and @DickinsonTimes https://t.co/HEgbNVgseL— Times Sport (@TimesSport) December 18, 2019
Having been initially earmarked as a potential replacement for the departing Arsene Wenger at the beginning of the 2018/19 season, Arteta ultimately lost out on the position as Arsenal head coach to his fellow countryman Emery while working as Pep Guardiola's assistant coach.
A torrid run of form saw the former Paris Saint-Germain boss relieved of his duties, with the north London club drawing up a shortlist of potential candidates to take up the role permanently. However, 90min's understanding was that Arteta was always the front-runner, and now The Times have issued another update ahead of his imminent appointment.
The issue of a compensation fee has been agreed, with the Spaniard to be announced as the club's new head coach in 'the next 48 hours'.
The length of the deal has been speculated as well, with ESPN claiming a three-and-a-half-year contract will be awarded to the 37-year-old, with the Gunners paying £1m to secure his services from the Cityzens.
Correction: Mikel Arteta could be with Man City on the bench tonight for the last time. #AFC should pay £1m to #City to complete deal, talks advanced. Understand that the official announcement expected be tomorrow morning, Arteta will sign 3.5 year contract. https://t.co/BS5Gr6npON— Georges Weber (@WeberESPN) December 18, 2019
Taking up his first-ever head coach position, the task facing the ex-Gunner is a formidable one. Just one win in their previous 12 matches in all competitions has seen Arsenal embark on their worst start to a top-flight season since 1977, meanwhile numerous off-field issues have occurred throughout the start of the campaign.
His appointment would have been announced sooner, but City are set to take on Oxford United in the EFL Cup on Wednesday night, in what will be Arteta's final game under Guardiola's guidance.
What it does mean, however, is that the Gunners will have a new man in the hotseat when they travel the Goodison Park in the Premier League on Saturday. Another former club of his, it may be a similar scenario for Everton, who look set to instil Carlo Ancelotti as their permanent boss following the dismissal of Marco Silva.