Sky Sports claims that a list of names to replace Emery has already been drawn up and agents Jorge Mendes and Kia Joorabchian could play a role in the appointment due to their respective links with Gunners men Raul Sanllehi and Edu.
What do we think?
Out of those five names, who jumps off the page the most?
Allegri, Rodgers and Ancelotti all have experience of working with top clubs but Allegri has no experience in English football. Rodgers does but has never won anything in England while Ancelotti has won both the Premier League and FA Cup with Chelsea.
Nuno and Arteta could be seen as more left-field picks.
Wolves boss Nuno has links to Mendes and has done a great job at Molineux – although it would be fair to say that his team’s form could be more down to the money invested by Chinese owners Fosun and the links that Mendes has to a bunch of top players.
Arteta is an interesting one and could be a good fit.
None of them are truly awful options for the Gunners but this appointment needs to be made soon otherwise more ground could be lost in the race for a top-six spot in the Premier League.