Sven Mislintat was Arsenal’s behind the scenes transfer expert until last month.
The ex-Borussia Dortmund employee had been widely praised for Arsenal’s impressive transfer dealings over the last 18 months.
Marc Overmars has also been linked with the job after impressing in a similar role at Ajax.
However, the Dutch heavyweights are riding high after stunning Real Madrid in the Champions League.
Monchi has been linked with a move to Arsenal (Image: GETTY)
European football expert Guillem Balague says Monchi is firmly on Arsenal’s radar.
"It’s urgent now,” he said on his Youtube channel.
“They need to have him soon because, of course, this is the time where teams start negotiating the future of their own players or players that they want.
“Even though there is enough people there of quality of course and knowledge to actually take those steps, a director of football will be there for a big reason, which is to make sure that not only he has the context but he can add through his experience, through his eye, to identify the perfect players for Arsenal.
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