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Atletico Madrid manager Diego Simeone has reportedly turned down an offer to succeed Arsene Wenger as Arsenal's new manager, after the Gunners approached Simeone in an attempt to lure the Argentine to the Emirates.

Reports have suggested that Arsenal are planning a series of meetings with representatives of some of the best available managers in the world, as they look for Wenger's replacement - with the likes of Luis Enrique and Ralf Ragnick on their shortlist.

However, according to the Mirror (via the Metro), Simeone has informed the Gunners that he is not interested in being on the list of candidates and is very much happy with his position at Atletico Madrid.

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Tasked with finding a new manager for the first time in over 20 years, the Arsenal board is looking far and wide for the best possible candidate to take over the reins from Wenger, who surprised the footballing world by announcing that he will leave the Gunners at the end of the season.

In addition to some of the big names that have been mentioned, former Arsenal captains Mikel Arteta and Patrick Vieira have also surfaced as possible options, with Pep Guardiola backing Vieira as a credible candidate.

Interestingly, Simeone and Wenger will face off on Thursday night in the Europa League semi-final first leg clash at the Emirates, in what is both clubs' last chance for silverware this season.

Simeone has been the heart of Atletico Madrid's success since he took charge of the club in 2011, winning the Copa del Rey in 2013, the La Liga in 2014 and twice runners-up in the Champions League, losing to rivals Real Madrid in the 2014 and 2016 finals respectively.