Arsene Wenger is set to leave the club if Arsenal do not secure fourth place and win the FA Cup, according to Goal.com.
The manager has reportedly told his friends that he is considering ending his 18-year reign at the club if he is not able to end their quest for silverware and keep their flag flying in the Champions League. The Frenchman has an incredible record of finishing in the top four every year in charge of the Gunners and keeping them financially secure in spite of the burden of debt that has been thrown on them owing to their shift to the Emirates.
Wenger has won seven major trophies with the Gunners, including three Premier League titles and four FA Cups, more than any other manager in Arsenal's history.
His loss will be a major setback for Arsenal who will have one eye on the situation unfolding at Manchester United where David Moyes was asked to take over from Sir Alex Ferguson, but failed to deliver and was sacked unceremoniously after their defeat to Everton in the league.
Arsenal have some amazing memories with Wenger, going a whole season unbeaten in 2003/04 and playing a major part in extracting the best out of the likes of Thierry Henry, Robert Pires and other Arsenal legends. The likes of Jack Wilshere, Aaron Ramsey, Kieran Gibbs have all come through Wenger's reign and have given the Gunners a good foundation for the future.
The board are reportedly looking at a contingency plan if Wenger's targets are not reached, which however have been boosted by their last two league wins over West Ham and Hull while Everton dropped points against Crystal Palace.
Arsenal have to play Norwich, West Brom and Newcastle in their last three fixtures while Everton have a few tricky fixtures against Manchester City, Southampton and Hull before the season comes to a close.