"I can imagine no more suitable replacement for Arsene Wenger than Conte," Carragher wrote in his Telegraph column.
"Arsenal are in desperate need of Conte's persona. It would be one of the most astute managerial appointments in Premier League history.
"Can you imagine Conte, disillusioned with his treatment at Chelsea, turning up at the Emirates?
"Chelsea should be desperately trying to keep Conte, not only because he will bring more success to the club, but to ensure he does not come back to haunt them when he returns with a rival.