Its a waste of time going for a young up and comer.
Arsenal cant afford a season + build up mind they have the money to do so but they need to bounce back just as Conte had done with Chelski 1st season.
Ancelotti/Pellegrini would be the straight out candidates, pulling power of players and as long the board opened the cheque book to support them.
Simeone would be interesting to see in the EPL but I can't see Atleti letting him go.
and what of past Legends Viera/Henry ? they haven't done enough in coaching imo at top level to risk imo.