Monaco are prepared to offer Arsene Wenger a staggering £12.4million a year, after tax, to take over from Claudio Ranieri at the end of the season. Though the Arsenal manager has turned down overtures from Real Madrid and Paris Saint-Germain, Monaco have been encouraged by the uncertainty surrounding his future at the Emirates and are ready to tempt him with a salary equivalent to £22m in the UK — three times the £7.5m he currently earns. On his way? Monaco hope to tempt Arsene Wenger with a massive offer at the end of the season Monaco are desperate to bring a celebrated manager to the club when they compete in the Champions League next season, having secured qualification last weekend.
@highlight
Monaco want Arsene Wenger to replace Claudio Ranieri
@highlight
The free-spending club would offer Wenger £22m a year
@highlight
Arsenal manager is yet to sign a new contract at the Emirates Stadium
Not good enough: Monaco have qualified for @placeholder but remain 10 points behind leaders PSG