West Ham boss Manuel Pellegrini has called on Nuno to stay with Wolves.
Nuno is in the frame to succeed Unai Emery at the Emirates with Wolves in the top seven of the Premier League and into the knockout stages of the Europa League.
But Pellegrini argues, “I don't think a serious manager can leave a club for another during the season. That's what I think. So, for me, I think it would be strange.
“Maybe it's honour, responsibility. Maybe it is easier for you to be sacked. But for me I will never leave a club because I have a better option in a good moment.
“It's exactly the same as Brendan Rodgers. Both managers are in a good moment and I don't think they would throw it all out for another option.
“In my way of thinking, I think it's impossible for me to do it. So I don't think that they will do it."
Pellegrini dismissed the idea that the opportunity of a big club like Arsenal was one that the manager of a club outside the top six could turn down.
“Why?" he said. “If you believe in your work, if you're doing well with the club, finish the contract with the club and you will have another club."