However, a change of heart at the last minute saw the ex-PSG manager take charge instead of Arsenal’s former skipper before the 18/19 season.
But following a dismal run of form, in which neither Emery nor Freddie Ljungberg have been able to stop the rot, Arteta is back in the picture.
It is believed that Arteta will take the hot seat at the Emirates this week after the deal was given the all clear by Josh Kroenke.
Arteta, who has been heavily praised for his tactical nuance by Wenger, Pep Guardiola and Mauricio Pochettino, will reportedly take charge imminently.
It is believed Arteta has signed a three and a half year deal where he will be paid £5million per year.
This will be the first time that 37-year-old Arteta has been the manager of a club before, let alone such a big name in European football as Arsenal.