| Honors & Awards |
| Strasbourg |
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| Ligue 1: 1978-79 |
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| Manager |
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| Monaco |
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| Coupe de France: 1990-91 |
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| Nagoya Grampus |
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| J-League Super Cup: 1996 |
| Emperor's Cup: 1996 |
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| Arsenal |
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| Winner |
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| Premier League (3): 1997-98, 2001-02, 2003-04 |
| FA Cup (4): 1997-98, 2001-02, 2002-03, 2004-05 |
| FA Community Shield (4): 1998, 1999, 2002, 2004 |
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| Runner-up |
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| UEFA Champions League (1): 2006 |
| Premier League (5): 1998-99, 1999-2000, 2000-01, 2002-03, 2004-05 |
| FA Cup (1): 2000-01 |
| League Cup (1): 2006-07 |
| FA Community Shield (2): 2003, 2005 |
| UEFA Cup (1): 2000 |
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| Individual |
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| French Manager of the Year: 1988 |
| J-League Manager of the Year: 1995 |
| Onze d'Or Coach of The Year: 2000, 2002, 2003, 2004 |
| FA Premier League Manager of the Year: 1998, 2002, 2004 |
| LMA Manager of the Year: 2001-02, 2003-04 |
| BBC Sports Personality of the Year Coach Award: 2002, 2004 |
| FA Premier League Manager of the Month: 10 times |