Mikel Arteta has agreed to become Arsenal's new manager and will sign a three-and-a-half-year deal as soon as the paperwork is finalised, sources have told ESPN.
The club is hoping to announce his appointment on Thursday and his first game will be the Premier League test against Everton on Saturday at Goodison Park, where he played between 2005 and 2011.
As reported on Monday, Arteta was the only candidate the club wanted to replace Unai Emery and take the place of interim head coach Freddie Ljungberg.
Talks between Arteta and his former club, whom he played for between 2011 and 2016, have gone on since Sunday and a final agreement was found on Wednesday.