The gunners have now closed their training ground and club staff who had recent contact with Arteta will now self-isolate.
Arsenal expects a “significant number of people” will self-isolate, including first-team staff and coaches.
The premier league will hold “an emergency club meeting” on Friday to discuss future fixtures.
Arsenal are due to play at Brighton in the Premier League on Saturday.
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Manchester City defender, Benjamin Mendy is self-isolating as a precaution after a member of his family was admitted to hospital showing symptoms of Coronavirus.
Meanwhile three Leicester City first-team players have also self-isolated after showing symptoms of Coronavirus.
The UK government is considering banning sporting fixtures amid the Coronavirus outbreak – but it will not happen immediately.
On Thursday, Prime Minister Boris Johnson said the UK will move to the “delay” phase of its plan to tackle the virus.
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Spain’s La Liga, the Dutch Eredivisie, Portugal’s Primeira Liga and USA’s major league soccer have all been suspended over Coronavirus concerns.
There will be no action in the Spanish top flight for “at least the next two rounds of matches” as a result of the quarantine of the Real Madrid Squad.
Netherlands’ top two leagues have also been suspended for the same period.