While Ljungberg has no previous top-level management experience, he has spent a year managing the Arsenal u23 side in the Premier League 2, where he impressed mightily, creating a strong bond with some of the up-and-coming youngsters at the club, such as Bukayo Saka and Joe Willock, who are now in the first-team.
Ex-Sweden global Ljungberg, 42, played for Arsenal from 1998-2007, winning two Premier League titles and three FA Cups with them.
Whoever takes up the vacancy should not expect the club's ambitions for the season to be more grounded because of their hard start, as Kroenke - son of club owner Stan - still feels they can achieve their goals.
"He came out and said this is what we want to do with this football club but we don't hear from him".
Arsenal are now ninth in the table, though they have played one less match than many of their rivals in the top-flight.
The first test for Arsenal under Freddie Ljungberg comes this Sunday against Norwich City, as they look to get their season back on track following 7 matches without a win in all competitions.
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Melina Matsoukas, the filmmaker behind Beyonce's "Formation" music video, directed from Lena Waithe's script. Both Knives Out and Queen & Slim landed A- CinemaScores from audiences, as well as strong exits on PostTrak.
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Pires also spoke of Emery's departure and, asked whether it was unavoidable, he said: "I think sadly yes".
The Gunners legend was reluctant to put his name in the hat for the permanent role, however.
We haven't had some results and that's what we've got to try to address.
He added: "Of course small things will change".
Given the capital clubs turbulent week, backing an Arsenal victory in this tussle doesn't appeal to me, however, I am going to revisit a couple of bets that I successfully tipped in the north London sides last outing against Eintracht.
"At the same time, we have one training session until the game tomorrow so we have to be intelligent with what you try to change because it needs to stick as well". That's a part I learnt as a player. Emery, while promising from the start that he wanted Arsenal to be a pressing side, rescinded his promises and had them doing no such thing towards the end of his time at the club.