Parrott is fit again after a serious hamstring injury but unable to face his parent club Tottenham.
The 40-year-old has taken the Gunners five points clear at the top of the Premier League, with Guardiola's Manchester City, who have played a game more, their nearest challengers. The two old friends meet on Friday as City host Arsenal in the FA Cup fourth round as their title tussle takes a back seat for the weekend. Arteta worked under Guardiola in his first job as a coach, helping City to win two Premier League trophies before returning to Arsenal as Unai Emery's replacement in December 2019.
The manager celebrated his 50th birthday on Thursday and believes he can continue to push for success at the King Power Stadium. Next month marks four years in charge for Rodgers after he joined from Celtic and he has stayed with Leicester longer than any other club.