After nearly 22 years in charge of the Gunners, Arsene Wenger has announced that he will stand down as manager at the end of the season.
In a statement published on the Arsenal’s official website, Wenger said after careful consideration and following discussions with the club, he feels the time is right to step down.
The 68-year-old took charge of the club in 1996 and has guided them to three Premier League titles and seven FA Cups, although in recent years his record has come under scrutiny.
Pressure mounted on the former Nancy, Monaco and Nagoya Grampus Eight boss when he failed to lead Arsenal into the Champions League for the first time since 1996-97 last summer, and with the Gunners struggling to reach the Premier League top four once more, he has decided to call it quits.
Wenger expressed gratitude for the privilege to serve the club for so many years.
Meanwhile, Arsenal majority shareholder, Mr. Stan Kroenke expressed his thanks to the Frenchman for his service to the north London side.
Mr. Kroenke said winning three Premier League titles, including going an entire season unbeaten, seven FA Cup triumphs and 20 successive years in the Champions League is an exceptional record.