Arsene Wenger will reportedly be sacked as manager of Arsenal at the end of the season in order to make way for Thierry Henry to take over at the Emirates Stadium.

The Frenchman's 19-year tenure in North London is believed to under serious scrutiny following last week's shock 3-1 home defeat against Monaco in the Champions League, which leaves the Gunners' European hopes hanging by the thinnest of threads ahead of the second leg.

It is claimed by the Daily Mail that Josh Kroenke, the son of majority shareholder Stan Kroenke, has taken on more responsibility at the club and is hoping to oust Wenger in the summer.

Wenger still has two more years to run on his current deal, but it is thought that the prospect of handing club legend Henry his first job in management could force their hand.

Henry, who spent eight trophy-laden years at Arsenal, admitted earlier this week that becoming manager of his former side would "be a dream".

The Gunners are currently fourth in the Premier League table ahead of their meeting with Everton this afternoon.