Warnock, who resigned from Huddersfield last month after successfully leading them to victory in the play-offs, said: "Huddersfield were struggling when I arrived but were in a higher division. And while I had my work cut out at Torquay before that, this is long term."
Warnock, who has signed a three-year deal, was unpaid consultant at Plainmoor for three months three seasons ago after he left Notts County - and helped keep the club in the Football League. He is expected to appoint Mick Jones as his No2.
Arsenal have already recouped Dennis Bergkamp's first week's wages of pounds 18,000 - in replica shirt sales. The club have sold almost 500 shirts and expect to surpass the 15,000 Tottenham sold in the first month last season following the signing of Jurgen Klinsmann.
The Highbury club is poised to sell John Jensen after the Danish international rejected a new contract. It was an alleged pounds 285,000 "bung" from the Jensen signing three years ago which was partly responsible for last season's downfall of their former manager, George Graham. Jensen said: "I would like to stay in Britain, but may have to move abroad."
David Kohler, the Luton chairman, is predicting that their former manager, David Pleat, could be out of football for six months as the wrangle with Sheffield Wednesday rumbles on. Luton want pounds 300,000 compensation for Pleat, who has joined Wednesday.
Francis Lee, the Manchester City chairman and former player, has admitted that he could step in and take temporary charge of the team himself if a new manager cannot be appointed soon. "If the worst came to the worst, and we hadn't got a manager, I would have to go and get the old boots out again," Lee said.
Milan have signed the Portuguese forward, Paulo Futre, from Reggiana. The Panamanian striker Julio Dely Valdes is set to join Paris St Germain from Cagliari as replacement for George Weah, who recently left for Milan.Reuse content