Chelsea and Arsenal will reportedly battle for experienced manager Carlo Ancelotti at the end of the season.
The speculation surrounding the future of Chelsea boss Antonio Conte continues to gather pace, with the Italian failing to build on last season's Premier League success.
Indeed, the Blues have lost three of their last four Premier League matches, and are facing a battle to secure a top-four position in the final months of the campaign.
Arsenal boss Arsene Wenger, meanwhile, is being tipped to walk away from the Emirates Stadium this summer following damaging back-to-back 3-0 defeats to Manchester City over the last week.
According to The Express, both Chelsea and Arsenal want Ancelotti to manage their teams next season.
The Italian led Chelsea to the 2009-10 Premier League title and 2009-10 FA Cup during his two-year spell in England, which ended in 2011.
Ancelotti, who has recently moved back to London, was sacked by Bayern Munich in September after an indifferent start to the 2017-18 campaign.
The 58-year-old is still regarded as one of the best managers in European football, however, following spells at Juventus, AC Milan, Chelsea, Paris Saint-Germain, Real Madrid and Bayern over the last 18 years.
