Marcelino Garcia Toral has held talks with Arsenal and has interest in their managerial job.

Marcelino isn't optimistic about receiving a job offer as he believes being Spanish may be a disadvantage. 

Mikel Arteta, Massimiliano Allegri and Mauricio Pochettino have also been linked with the vacancy.

Marcelino was sacked by Valencia in September after a falling out with owner Peter Lim over the club's long-term strategy, team selection and transfer policy.