The Gunners board are drawing up a list of potential targets to replace Unai Emery after swinging the axe this morning.

Arsenal confirmed that Freddie Ljungberg has been appointed interim boss while "the search for a new head coach is underway."

One name on the shortlist is 54-year-old Marcelino who was dismissed from Valencia in September.

The Spaniard achieved above expectations in his debut season by guiding his side to fourth in La Liga while also lifting the Copa del Rey with a 2-1 victory over Barcelona - their first trophy in 11 years.