Arsene Wenger
Arsenal manager Arsene Wenger stands dejected on the touchline after Arsenal 0-2 loss to Sunderland in the Fifth Round of the FA Cup.

Arsene Wenger's future with Arsenal looks bleak after his side's two back to back defeats against AC Milan and Sunderland in the Champions League and FA Cup respectively. There are rumours of Pep Guardiola (Barcelona coach) possibly replacing the 16-year reigning manager this summer.

Senior officials have considered this option after Arsenal continue their disappointment cup performance for the seventh year in a row, under Wenger.

After Stan Kroenke (American businessman) has become the major shareholder of Arsenal, the club is looking to increase its global popularity and income through successful results in the league games and cup ties but Wenger has not been able to do this for the past couple of years now.

Meanwhile, Guardiola's contract with Barcelona expires soon, and he is not considering renewing it despite enormous pressure from the Spanish club.

"I can't be at such a demanding club without being certain that I have the strength to do it. I still don't have it clear in mind. When I am sure then the club will know. To renew my contract, I have to feel it. We have been together for four years and the decision needs to be thought out thoroughly," the Daily Mail quoted Guardiola as saying.

"I feel that it is better to have a bit more time. If that is okay then fine, if not then too bad. I have to be true to myself," he added.

Looks like the Wenger's boys will have to prepare for a new manager this summer.