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Mikel Arteta’s odds to leave Arsenal are SLASHED after Europa League knockout.

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Mikel Arteta’s odds to leave Arsenal are SLASHED after Europa League knockout.

Mikel Arteta's odds to leave Arsenal are SLASHED after Europa League knockout.

Mikel Arteta’s odds to leave Arsenal have been slashed overnight after their Europa League semi-final elimination in the hands of Villarreal.

Arsenal secured a goalless draw against the Spanish side which saw them exit the competition after losing the first leg away from home 2-1.

Arteta had been priced at 14/1 to be the next Premier League manager to leave, but market movement following the 0-0 draw at the Emirates Stadium have seen his odds drop to 15/2.

And bookmakers are now pricing up a potential replacement for Arteta in the Arsenal hot-seat.

The former Juventus manager Massimiliano Allegri is the favorite to take over from Arteta at Emirates, with Betfred offering odds of 13/5 for the Italian.

Also among the smaller odds is Leicester City manager Brendan Rodgers priced at 3/1 after his impressive season with the Foxes sees them in the driving place for a top-four finish.

Arsenal legends Patrick Vieira and Thierry Henry are 10/1 and 22/1 respectively while Steven Gerrard is among the list of names, coming in at 17/1.

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Arsenal have been off the pace for most of the summer in the Premier League and seem fated for a mid-table finish, currently occupying ninth position in the table.

And Thursday night’s defeat has only heaped more trouble on the Gunners boss, with the club now staring at the likelihood of a first season without European football since 1995-96.

Sportsmail’s Martin Keown told BT Sport:

“The manager comes under enormous pressure, you start to look at the wisdom of a young manager coming in to take a job here. It’s a huge job, massive job at this football club.

“You have to be a quick learner as a manager. I’m not saying he isn’t going to be manager of the club, that’s a decision that will be made through the summer.

“It will have to be an incredible start to next season if he is to stay in the job. He’s under huge pressure now. Big decisions to be made at the football club all round at the moment.

“The team didn’t turn up, the tactics – he (Arteta) was outsmarted by the previous manager (Emery) in both games, which is a bit of an embarrassment.

“The false nine and and the way he changed the midfield today – it looked brand new to us, we looked lost and they (Villarreal) engaged us high up the pitch and made us nervy.”

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Mikel Arteta’s odds to leave Arsenal are SLASHED after Europa League knockout

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