Emery’s 18 months in charge of the Gunners came to an end on Friday following a seven-game winless run.
And Pochettino, who was sacked by Tottenham a week earlier, is a ‘credible option’ to take charge at the Emirates, according to the Athletic.
The Argentine is taking a break from football after a largely successful five-and-a-half-year spell with Tottenham.
Despite failing to win any silverware, Pochettino constantly secured top-four finishes in the Premier League and guided the club to the Champions League final last season while on a smaller budget to their rivals.
Arsenal are believed to be drawn to the 47-year-old’s track record of developing young players as the likes of Harry Kane, Dele Alli and Harry Winks flourished during his reign at Spurs.
Due to his strong links with Tottenham, Pochettino once insisted he would never manage their fierce rivals Arsenal.
Last year, he said: “I am never going to be manager of Barcelona or Arsenal because I am so identified with Tottenham and Espanyol.
“I grew up in Newell’s Old Boys and will never manage Rosario Central [in Argentina].
“That is my decision because I prefer to work on my farm in Argentina than in some places.
“But my commitment is massive in this club. I am working like I am going to be here forever.
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