Interim boss Freddie Ljungberg “has Arsenal DNA” says club director Josh Kroenke, who revealed Unai Emery’s sacking had been discussed for “weeks”.
Former Gunners midfielder Ljungberg was promoted from his coaching role after Emery was dismissed on Friday.
“We feel he is the right person in the moment to take the club forward,” Kroenke told the Arsenal website.
“We started to fall short of several goals that we set. We still feel we can achieve those goals this season.”
Ex-Sweden international Ljungberg, 42, played for Arsenal from 1998-2007, winning two Premier League titles and three FA Cups with them.
He returned to the club in an ambassadorial role in 2013 and after a brief spell on the coaching staff at VfL Wolfsburg in 2017 he rejoined the Gunners in 2018 as Under-23 coach, before being promoted to first-team assistant coach in June.
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