That would be the ideal scenario.

Wenger to go upstairs and still be apart of the club and Pep to come on board.

Yes, it doesn't guarantee success but we are not going to challenge or win anything under the current regime.

Still don't quite get the whole Guardiola obsession that the media and some fans have. Can't doubt his success at Barcelona, but that was a place where he was part of the furniture, and the majority of his players had been brought up playing the style and the system they employed, not to mention the talents of some of the players he had. No guarantee he'd have the same type of success elsewhere.

There is no guarantee with any manager. However, pep will follow Wenger philosophy on how we like to play the game.

Ps: he will probably also have first dibs on the Spanish talent

Arsenal need definitely a new manager and coaching team with fresh ideas. Wenger has been too long in the
job and whilst I am all for loyalty I do think that it will be
very difficult for a new incumbent director having to look over his shoulder with Wenger in background.

Guardiola was definitely very successful at Barcelona
and probably would be the sort of manager that the club is looking for. Whether Arsenal in its current state
would meet his expectations is another matter.

One thing is for sure Guardiola would be stark raving
mad to go to Chelsea. Noone worth his salt would take
this job. It is a poison chalice.

Let's look at Guardiola's options:

Chelsea: Stupid chances of being fired, not ideal for any employee
Man City: If he wants to prove he can do it without resources being handed to him this is not the place to go. Same as PSG.
Italian Club: Don't think he suits the league.
Man Utd: Still think its Mourinho's...
Dortmund: I would go here if I were him, club with lovely fanbase and a team that would suit him. Limited financial backing?
Arsenal: Would be a project, that if he brought success to, he would be regarded as an all time great.
Spurs:

Wenger is 1000 times the manager Guardiola is.