Frank Lampard's return to management is imminent.
Amid the latest development that the former Chelsea boss has formally been offered the Everton job to succeed Rafa Benitez, who was sacked earlier in the month, this scenario might not be good news for Arsenal.
As per the Times, the negotiations between the Merseyside outfit and Lampard are ongoing and there's a belief that they will be concluded in the next 24 hours.