Adams, who is currently the number two at Portsmouth, admits his ultimate aim is to one day manage Arsenal, according to the Daily Mirror.
He said: “Managing Arsenal is the ultimate aim. The club was a massive part of my life.
“Who would not jump at the chance to do that job? Everything is in place – the backroom staff, facilities, training ground and scouting network is phenomenal.
“The agreement between myself and Harry was that I would stay at Portsmouth for a year.
“I have learned so much but assistant manager is the most frustrating job in football.
“I now miss having my head on the block.”