Arsenal are seeking a strict disciplinarian to shake the club out of its malaise as it emerged that the new manager will have as little as £50million to spend on transfers this summer.
After two years of heavy investment, the club will rein in spending this summer.
Luis Enrique is the leading contender to replace Arsene Wenger, who will leave this summer. Joachim Low, Max Allegri and Patrick Vieira are also in the frame.
But it is understood Enrique has made it known he wants the challenge of replacing Wenger, and is the preferred option of head of football relations Raul Sanllehi, who worked with him at Barcelona.