The Community Shield is often described as the 'curtain raiser' to the new domestic English season, which normally takes place the week before the Premier League starts.
The prestigious game usually sees the Premier League winners from the previous season go head-to-head against the FA Cup winners.
In the event of the same team winning both competitions, as occurred with Manchester City last season, the Premier League runners-up are allowed to compete.
|Where||Wembley Stadium, London|
|When||16:00, Sunday 6th August 2023|
|How to watch||ITV1 and STV|
|Odds||Man City 4/6, Draw 3/1, Arsenal 15/4|
The match is generally held the week before the start of the new Premier League season and in 2023-24 the clash will take place on Sunday 6th August.
The kick off time between treble winners Manchester City and Premier League runners-up Arsenal is at 16:00.
Wembley is the modern-day home of the season curtain raiser, although many other grounds were used from 1908 until 1973 and last year's clash between Manchester City and Liverpool took place at the King Power Stadium in Leicester.
The national stadium began hosting the match, which used to be called the Charity Shield, in 1974.
The one-off clash is normally televised live and in 2023 it will be shown on ITV1 and on STV for viewers in Scotland.
The Community Shield first took place back in 1908, when Manchester United and Queens Park Rangers played in the inaugural match, and this year's meeting between Manchester City and Arsenal will be the 101st edition of the fixture.
For the first 65 years, the game was played at a variety of club venues until Wembley hosted in 1974, when Liverpool and Leeds United went head-to-head.
Cardiff's Millennium Stadium was used when Wembley was being rebuilt, between 2001 and 2006, while Villa Park was the venue for Manchester City v Chelsea in 2012. That game was moved due to Wembley hosting the final of the Olympics' football tournament.
Last year's clash between City and Liverpool was moved to Leicester City’s home ground, the King Power Stadium, as Wembley focused on hosting the final of the Women's European Championship.
But the fixture returns to the national stadium this year, affording the opportunity for many more fans to attend.
Manchester United, who won the inaugural shield after a replay, have won the Community Shield on 21 occasions - more than any other club.
Arsenal and Liverpool are the joint-second most successful teams in Community Shield history, with 16 victories each. Liverpool's most recent success was last year when they defeated Manchester City 3-1 at the King Power Stadium in Leicester.
Manchester City are making their 15th appearance in 2023, with the Citizens having lifted the shield on six previous occasions.
Treble winners Manchester City are the 4/6 favourites to win the match this year, with Premier League runners-up Arsenal rated a chance.
Both teams will be keen to see how their new signings fare with Mateo Kovacic preparing to make his competitive debut for City and Kai Havertz eager to impress for the Gunners.
With so much talent on show there will be expectations of an entertaining clash. Punters anticipating a thrilling match can back both teams to score at 3/4, while over 3.5 goals is priced up at .