Arsenal's new manager will have a £50m budget - Ian Wright has some top advice

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Legendary Premier League manager Arsene Wenger was given a touching farewell in his final home game as Arsenal manager on Sunday afternoon.

The 68-year-old Frenchman - who took charge in north London in 1996 - oversaw a 5-0 win over Burnley at the Emirates Stadium and gave a speech to the fans on the pitch after the full-time whistle.

"Thank you for having me for such a long time," said Wenger. "I know that's not easy.

"I am like you, I am an Arsenal fan. This is more than just watching football, it's a way of life. It's caring about the beautiful game, about the values we cherish, and as well, that something that goes for all our bodies in every cell of our bodies.

"I would like as well to thank everyone at the club who makes it so special, I would invite you, really push, support these players and the staff who remains behind me, these group of players has a special quality. Not only on the pitch, but off the pitch. Please, as you follow this team, support them next season because they deserve it.

"I would like to finish in one simple sentence: I will miss you. Thank you all for having such an important part of my life, thank you all, well done, bye bye."

Massimiliano Allegri, Carlo Ancelotti, Luis Enrique, Mikel Arteta and Zeljka Buvac are the favourites to  replace Wenger.

Wright's transfer business advice

Wenger's successor has not yet been chosen and former Arsenal striker Ian Wright has shared some words of advice for the leading candidates.

The new manager will reportedly be working with a very small budget - but the 54-year-old BBC pundit believes there's enough talent in Arsenal's ranks already.

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"We know there is no huge war chest for the next boss," said Wright in The Sun. "Around £50m has been quoted - not in the same league as Chelsea or the Manchester clubs.

"By my reckoning, Arsenal need a centre-half, a keeper and possibly another midfielder.

"What the new boss has to do is arrive with the knowledge he must develop what’s already there and turn them into Premier League stars.

"I do think there’s the basis to do that, though. I love the look of centre- back Konstantinos Mavropanos, Ainsley Maitland-Niles is a player, and Alex Iwobi continues to improve.

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"Young Joe Willock and Reiss Nelson are great prospects, too. So it isn’t a case of starting from scratch."

Wright isn't wrong - with a £50m budget, Wenger's replacement probably won't have many great options in the transfer market.

The new boss will have to transform some of the talented youngsters into world class Premier League players if they intend to challenge at the top once again.

Will a change of manager bring about an upturn in fortunes at Arsenal? Let us know what you think by dropping a comment below.

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