Bookies update: Arsenal firm favourites to land this boss, six Prem rivals also in running How many managers has Arsene Wenger outlasted?

ARSENAL have emerged as favourites to become Diego Simeone's next club, according to the bookies.

Diego Simeone GETTY

Arsenal favourites to land Diego Simeone

Arsenal manager Arsene Wenger is out of contract at the end of the season and is undecided whether to extend his stay at the north London club.

And bookmakers Ladbrokes believe the Gunners will turn their attention to Atletico Madrid boss Simeone and have priced the move at 5/1.

Arsene WengerGETTY

Arsene Wenger undecided on Arsenal future

The Independent claim the Argentine is growing frustrated at Atletico's lack of financial power and is keen to join one of the Premier League's big clubs.

And Arsenal may face competition from their top-flight rivals, with Chelsea (8/1), Manchester United (9/1), Tottenham (12/1), West Ham (20/1), Leicester (33/1) and Southampton (40/1) also in the running.

How many managers has Arsene Wenger outlasted?

Fri, September 30, 2016

Click through the gallery to see how mnay managers the current Premier League sides have employed since Arsene Wenger took charge of Arsenal in 1996

Arsene Wenger
Arsenal FC via Getty Images
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Click through the gallery to see how many managers the current Premier League sides have employed since Arsene Wenger took charge of Arsenal in 1996

Ladbrokes spokesman said; “Diego Simeone is ready for his big break in England, and Arsenal have pushed their way to the front of the pack to snap up the La Liga legend.”

Simeone has guided Atletico to two Champions League finals over the past three seasons but has fallen short to rivals Real Madrid both times.