The Gunners have confirmed Freddie Ljungberg will take charge on an interim basis and pointed to "results and performances not being at the level required" for the reason behind Emery's exit.

Emery, 48, replaced Arsene Wenger in March 2018 but was unable to take the club back to the Champions League after finishing fifth last season.

The current campaign has also been a disappointment.

Speaking on behalf of the Arsenal board and the club's owners Kroenke Sports & Entertainment, Josh Kroenke said: "Our most sincere thanks go to Unai and his colleagues who were unrelenting in their efforts to get the club back to competing at the level we all expect and demand.

"We wish Unai and his team nothing but future success.

"The decision has been taken due to results and performances not being at the level required.

"We have asked Freddie to take responsibility for the first team as interim head coach.

"The search for a new head coach is underway and we will make a further announcement when that process is complete."

Ljungberg, who was promoted from manager of Arsenal's under-23s to Emery's assistant head coach during the summer, has his first game at the helm away to Norwich on Sunday before a home game with Brighton and a London derby at West Ham.

The likes of Wolves boss Nuno Espirito Santo and former Arsenal midfielder Mikel Arteta, currently a coach at Manchester City, have been linked with the full-time job.

Speculation had been rife over Emery's future during a poor run of form which leaves Arsenal without a win since October 24.

He was publicly backed by head of football Raul Sanllehi and managing director Vinai Venkatesham during the international break but lasted only two more matches.

Alexandre Lacazette's injury-time goal rescued a point at home to struggling Southampton on Saturday before the 2-1 defeat to Frankfurt, in front of a sparse Emirates Stadium crowd on Thursday, ultimately saw Emery lose his job.

Australian Associated Press