The Spaniard was fired by the Gunners board on Friday morning after failing to win any of his last seven games, the club’s worst run in over 27 years

Nuno Espirito Santo is favourite to take over at Arsenal after Unai Emery was relieved of his duties on Friday morning.

The Gunners lost 2-1 at home to Eintracht Frankfurt on Thursday night despite taking the lead, the fifth time in seven games they have surrendered a lead and gone on to not win the match.

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That seven-game winless streak is Arsenal’s longest in 27 years, prompting the club’s hierarchy to fire Emery after just 18 months in charge.

888Sport make it 6/5 (2.20) that Nuno takes over at the Emirates Stadium, which would end his time at Wolves after two-and-a-half years there.

The Portuguese endeared himself with the Wolves faithful by guiding them to the Championship title in his first season before ending their European exile with a seventh-place finish last term.

Freddie Ljungberg has been placed in temporary charge at Arsenal and is 6/4 (2.50) to be made permanent manager. 888Sport rules dictate that “caretaker and interim managers completing at least 10 consecutive competitive games will be deemed the permanent manager.”

Although it seems unlikely that the Swede will remain in charge that long, a good string of results could see the ex-Arsenal winger be handed the job permanently as Ole Gunnar Solskjaer was at Manchester United earlier this year.

Max Allegri has been installed at 3/1 (4.0) after being out of work since leaving Juventus at the end of last season, and could offer some stability at the Emirates Stadium.

The Italian won five consecutive Serie A titles at Juve during his time there and also added Coppa Italia four times, so would certainly be an attractive choice for the Arsenal board.

888Sport offer Mikel Arteta at 5/1 (6.0). The former Gunner was heavily linked to the job last summer before Emery was hired and could be considered again this time around.

Arteta remains an assistant coach at Manchester City and could be considered again as Arsenal look to get their season back on track.

Eddie Howe was long touted as Arsene Wenger’s successor but remained at Bournemouth, where he has been in charge for over seven years, and is 6/1 (7.0) to take over this time.

Meanwhile, Mauricio Pochettino can be backed at 9/1 (10.0) to become the ultimate villain in one half of north London after being fired by Tottenham just under two weeks ago.

Odds correct at the time of writing. Please gamble responsibly.