Having been passed over for the Socceroos job for Ange Postecoglou, Arnold has turned his attentions to the overseas role he has long coveted.
The new contract he signed in May last year, to remain at the Mariners for another two seasons, contained a clause allowing him to accept a substantial job overseas.
It's understood that club officials have immediately given him the green light to hold talks with the unnamed club, a mark of the respect he is held in after delivering the club its first championship last season.
[Edit: CCM confirms Arnie is off to explore Asian opportunity http://www.footballaustralia.com.au/centralcoastmariners/news-display/Arnold-to-explore-Asian-opportunity/78161 ]