Jamie Redknapp reveals why Arsenal have not yet sacked under-fire manager Mikel Arteta

 Arsenal manager Mikel Arteta is growing under increasing pressure to turn the club's fortunes around, but Jamie Redknapp believes he knows the reason behind the Gunners' refusal to show him the exit door

Former Tottenham Hotspur midfielder Jamie Redknapp believes Arsenal manager Mikel Arteta has been saved from the sack at the Emirates Stadium because they won the FA Cup last season.

The Spaniard, who was appointed Gunners boss a year ago this week, is growing under increasing pressure in north London following a dismal start to the Premier League campaign, which sees them currently just four points above the relegation places.

After 14 league games, Arsenal, who welcome London rivals Chelsea to the Emirates Stadium on Boxing Day, have won just four matches, as well as netting just 12 goals, highlighting that they are no longer recognised as an exciting, attacking outfit.

With the club's current form showing no signs of improving, the former Manchester City assistant manager is growing under increasing pressure from the supporters, with no shortage of them calling for a change.

However, the Gunners' board is showing no sign of relieving Arteta of his duties just yet. For Redknapp, it was last season's FA Cup triumph and the goodwill and trust in his abilities accrued from securing that trophy, that has spared him the axe.

“[He is under an] enormous amount [of pressure] because this is a results-driven business and the results haven’t been good enough," Redknapp told Sky Sports ahead of the Gunners' Carabao Cup clash with City this evening."What’s saved him a bit is the money he has in the bank because he won the FA Cup, they’ve been incredible in cup competitions but right now they’re a team that’s lacking form.

"When I think about Arsenal over the years, it’s a team that had so much style going forward, but this team is lacking so much confidence; there’s a lot of talk about dressing room unrest which doesn’t help when people are talking from outside.

"He needs to quieten everyone down with some results. I do fear for him, because this job is a difficult one if you have 1000 games, let alone being in the job for two minutes."

No shortage of names have been linked with succeeding Arteta in north London if the Gunners do decide to call time on his tenure, including former Juventus manager Massimiliano Allegri.