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According to reports making the round, Fichajes, a Spanish news outlet specialising in gossip, claims the Gunners want Jose Mourinho themselves.
However, Italian news outlet Corriere dello sport reckon Inter Milan boss Roberto Mancini could be in line to replace Wenger this summer.
Mancini will be out of Man City by the end of the season and he has admitted he would miss the English League but he is keeping a close eye on returning to the Premier League.
This statement has fueled speculations linking him to the Emirates.
“Manchester City are my big English team,” Mancini told the Leicester Mercury.
“But Leicester are my second. I like English football, you know that. Manchester City probably won’t win the league this season – so I hope Leicester do.
“I am watching over here. Come on Leicester! I miss English football. The Premier is the best league, but I am over here now…”