Arnesen to leave Chelsea
Arnesen, who joined Chelsea in 2005 after previously working at Tottenham, said: "It has been a privilege and an honour for me to work for such a big club with so many great people. After six wonderful years I have decided to seek a new challenge when my contract expires at the end of this season."
Arnesen continued on Chelseafc.com: "It has been a tremendous journey and I would like to thank everyone at Chelsea, especially
"We are now seeing the fruits of that labour as our stated aim was to get one player from the academy into the first team each year from 2010. We have a great crop of young players now coming through, and I feel it's the right time for me to start looking towards a new challenge.
"The past two years I've worked more closely with the first team as sporting director, and it has been a joy to work alongside (manager) Carlo Ancelotti and this exceptionally talented squad and staff. It is always difficult to take big decisions like this, but it is entirely my decision.
"I'm looking forward to continuing my work here until such time as the club decides which way they want to move forward. With that in mind I wanted to make the decision now, giving the club plenty of time to make the necessary plans for the end of the season. I will always be grateful to the club and Chelsea will always be in my heart."
"We do appreciate that he has given us plenty of notice which gives us time to consider whether and how we restructure the football department. Frank has told us he has thoroughly enjoyed his time at Chelsea and we've thoroughly enjoyed having him. On behalf of everyone at the club I thank him for all his efforts and wish him well as he considers his next football challenge."