Mikel Arteta is expected to be named the new manager of Arsenal in the next 48 hours.

Sources close to Manchester City’s assistant coach anticipate that he will be in charge against Everton, his former club, at Goodison Park on Saturday for a Premier League match that could also mark Carlo Ancelotti’s return to English football. Discussions between Everton and the Italian over an £9 million-a-year contract are believed to be at an advanced stage.

Arteta, 37, has agreed to become the new manager at the Emirates Stadium with a contract that will run until 2023, even though, as of last night, City were still waiting to receive an official approach from Arsenal. The conduct of the north London club has left members of the