Speaking to the Mirror's Tom Hopkinson, Petit said he initially wanted Patrick Vieira to get the job, but changed his mind once Ancelotti became available:
"In this period of the season, it’s not easy to find a manager, a good one. Most of them are already working. But we’ve seen in the past few days that Ancelotti has been fired from Napoli, so it’s one of those that, when you see that kind of profile on the market, you must ask yourself the question, ‘Is he the good one?’
"Ancelotti would be, right now, the perfect answer for Arsenal. It’s very rare to see a top manager like him getting fired in the middle of the season."
He also said former Arsenal manager Unai Emery still has qualities, and that Ancelotti would pick the Gunners over Everton if the club made a push to sign him.
Freddie Ljungberg is currently Arsenal's interim manager after Emery was sacked following a dreadful run of results. Things have hardly improved under Ljungberg, so there is some urgency to bring in a new face before it's too late.
Ancelotti was also let go recently after a poor run with Napoli, going winless in nine straight matches before a 4-0 triumph over Genk in the Champions League. The team's performance in their first match under his replacement, Gennaro Gattuso, suggests the tactician wasn't the problem:
ESPN FC's Gabriele Marcotti thought it was a mistake to let him go, but economical reasons played a key part:
Napoli have endured a horrible season that included a player mutiny after the 1-1 draw against Salzburg. Ancelotti lost control of the dressing room, which has become a recurring theme in recent years, per Football Italia's Suzy Campanale.
Italian football expert Adam Digby fears the 60-year-old may no longer be the elite manager he once was:
He has only won four domestic league titles in that span, but has also won the Champions League three times, a feat only Bob Paisley and Zinedine Zidane have matched.
While he's been linked at length with Arsenal, the Athletic's David Ornstein reported he does not fit the profile they're looking for:
David Ornstein @David_Ornstein
Fluid/changeable but current sense: - Arsenal want situation settled asap but right man over quick decision - If No1 pick available, gets done - If available in summer, FL holds fort - If No1 pick unclear, FL holds fort + has chance to impress - #AFC not seeking Ancelotti profile
Everton are also working under an interim manager for now, picking up four points against Chelsea and Manchester United with Duncan Ferguson at the helm.