The Frenchman has found himself under intense pressure at The Emirates in recent weeks following Arsenal’s poor run of form in all competitions.
The Gunners lost four games on the trot in all competitions before bouncing back to winning ways with a 2-0 win over AC Milan in the Europa League last week.
Wenger has been under increasing pressure at The Emirates in recent seasons after his failure to deliver a Premier League title since their famous unbeaten triumph in the 2003-04 campaign.
Arsenal have won the FA Cup for three of the last four seasons but they have failed to maintain a credible title challenge in recent campaigns.
And Gunners legend Nicholas seems to think that there will be some sort of announcement regarding Wenger’s situation in the coming days.
Speaking to Sky Sports News, Nicholas said: “I have a feeling that there might be an announcement by the manager either on Friday or over the weekend to confirm that he is going to step down in the summer, perhaps going upstairs, easing the tension and allowing the team to have a go for the Europa League without the same strain.
“He knows the fans don’t hate him, they’re just angry with him, but it was the first time I’ve heard him use the word ‘hate’ and I just think he’s realising he needs to do something to ease the anger.
“I think when he looks up and sees 25,000 fans in the stadium he created that he’ll come to a decision that something has to change.”
Arsenal are currently preparing for their home clash against AC Milan in the Europa League on Thursday night as they bid to reach the quarter-finals of Europe’s second tier club competition.
The Gunners are aiming to win the Europa League this season to secure Champions League qualification for next term.
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