Mikel Arteta is very close to becoming the next Arsenal manager, after another day of progress and productive talks between the former player and the club.

Although CEO Ivan Gazidis wants to complete a thorough process in the search for Arsene Wenger’s successor, no candidate ticks the boxes like the 36-year-old does.

It is now seen as highly unlikely that Arsenal would be able to come to an agreement with Juventus’ Max Allegri and in the meantime talks with Arteta and his representatives have reached the point where he has named potential staff and the financial package required.

Merci Arsene: Wenger's last home game with Arsenal Show all 13 1 /13 Merci Arsene: Wenger's last home game with Arsenal Merci Arsene: Wenger's last home game with Arsenal A tribute to Arsenal manager Arsene Wenger hangs in the stadium EMPICS Sport Merci Arsene: Wenger's last home game with Arsenal Soccer Football - Premier League - Arsenal vs Burnley - Emirates Stadium, London, Britain - May 6, 2018 Arsenal's Per Mertesacker with manager Arsene Wenger as he prepares to be substituted on Action Images via Reuters/Matthew Childs EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. Please contact your account representative for further details. REUTERS Merci Arsene: Wenger's last home game with Arsenal Arsenal's French manager Arsene Wenger looks at his watch after his side scored the fifth goal during the English Premier League soccer match between Arsenal and Burnley at the Emirates Stadium in London, Sunday, May 6, 2018. The match is Arsenal manager Arsene Wenger's last home game in charge after announcing in April he will stand down as Arsenal coach at the end of the season after nearly 22 years at the helm. (AP Photo/Matt Dunham) AP Merci Arsene: Wenger's last home game with Arsenal Arsenal's French manager Arsene Wenger gives a thumbs up as he takes his eat for the second half during the English Premier League soccer match between Arsenal and Burnley at the Emirates Stadium in London, Sunday, May 6, 2018. The match is Arsenal manager Arsene Wenger's last home game in charge after announcing in April he will stand down as Arsenal coach at the end of the season after nearly 22 years at the helm. (AP Photo/Matt Dunham) AP Merci Arsene: Wenger's last home game with Arsenal Soccer Football - Premier League - Arsenal vs Burnley - Emirates Stadium, London, Britain - May 6, 2018 Arsenal manager Arsene Wenger with Pat Rice and Bob Wilson after the match REUTERS/Ian Walton EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. Please contact your account representative for further details. REUTERS Merci Arsene: Wenger's last home game with Arsenal LONDON, ENGLAND - MAY 06: Arsenal fans are seen wearing Arsene Wenger face masks during the Premier League match between Arsenal and Burnley at Emirates Stadium on May 6, 2018 in London, England. (Photo by Clive Mason/Getty Images) Getty Images Merci Arsene: Wenger's last home game with Arsenal Soccer Football - Premier League - Arsenal vs Burnley - Emirates Stadium, London, Britain - May 6, 2018 Arsenal fans display a banner in reference to manager Arsene Wenger at the end of the match REUTERS/Ian Walton EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. Please contact your account representative for further details. REUTERS Merci Arsene: Wenger's last home game with Arsenal Arsenal supporters wait behind to honour Arsenal's French manager Arsene Wenger after the English Premier League football match between Arsenal and Burnley at the Emirates Stadium in London on May 6, 2018. Arsene Wenger bids farewell to a stadium he helped to build in more ways than one when he leads Arsenal at the Emirates for the final time at home to Burnley on Sunday. Wenger's final season after 22 years in charge is destined to end in disappointment after Thursday's Europa League semi-final exit. / AFP PHOTO / Adrian DENNIS / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. / ADRIAN DENNIS/AFP/Getty Images AFP/Getty Images Merci Arsene: Wenger's last home game with Arsenal Arsenal's French manager Arsene Wenger holds a trophy he was presented with after the match between Arsenal and Burnley at the Emirates Stadium in London, Sunday, May 6, 2018. The match is Arsenal manager Arsene Wenger's last home game in charge after announcing in April he will stand down as Arsenal coach at the end of the season after nearly 22 years at the helm. (AP Photo/Matt Dunham) AP Merci Arsene: Wenger's last home game with Arsenal Arsenal's French manager Arsene Wenger waves to supporters at a ceremony on the pitch after the English Premier League football match between Arsenal and Burnley at the Emirates Stadium in London on May 6, 2018. Arsene Wenger bids farewell to a stadium he helped to build in more ways than one when he leads Arsenal at the Emirates for the final time at home to Burnley on Sunday. Wenger's final season after 22 years in charge is destined to end in disappointment after Thursday's Europa League semi-final exit. / AFP PHOTO / Adrian DENNIS / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. / ADRIAN DENNIS/AFP/Getty Images AFP/Getty Images Merci Arsene: Wenger's last home game with Arsenal Soccer Football - Premier League - Arsenal vs Burnley - Emirates Stadium, London, Britain - May 6, 2018 General view of a banner of Arsenal manager Arsene Wenger in the stadium after the match REUTERS/Ian Walton EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. Please contact your account representative for further details. REUTERS Merci Arsene: Wenger's last home game with Arsenal Arsenal's French manager Arsene Wenger waves to spectators after the match between Arsenal and Burnley at the Emirates Stadium in London, Sunday, May 6, 2018. The match is Arsenal manager Arsene Wenger's last home game in charge after announcing in April he will stand down as Arsenal coach at the end of the season after nearly 22 years at the helm. (AP Photo/Matt Dunham) AP Merci Arsene: Wenger's last home game with Arsenal LONDON, ENGLAND - MAY 06: Arsene Wenger, Manager of Arsenal takes off his tie after the Premier League match between Arsenal and Burnley at Emirates Stadium on May 6, 2018 in London, England. (Photo by Mike Hewitt/Getty Images) Getty Images

Arteta would seek to bring in at least three of his own appointments - with further backroom changes expected.

It has been mooted that Santi Cazorla could be offered a new player-coaching deal, with a role like Michael Carrick’s in his last playing season at Manchester United.