Arsenal legend Bob Wilson believes his former club must compete with the likes of Manchester City and Chelsea in the transfer market if they have any hope of ending their trophy drought.
Barcelona put paid to the north London club's Champions League dreams on Tuesday night and Arsene Wenger's men are now without any silverware since their FA Cup victory over Manchester United in 2005.
Arsenal also lost the final of the Carling Cup to Birmingham in dramatic fashion just over a week ago and Wilson is worried the Gunners will end up being the 'nearly team' of English football.
“Arsenal might finish up being a nearly team because they are great to watch but you could accuse them of being fragile," the former Arsenal goalkeeper told talkSPORT.
“At the end of this season, whatever happens, Arsene [Wenger] is going to have to reflect carefully on who he brings in and it’s not just a two or three signings, one of them is going to have to a big, big signing. By that I mean a lot of money, like Man City, Chelsea and Man United.
“Arsene Wenger has to live up to the ‘invincible team’ that didn’t really get the credit they deserved for finishing the season unbeaten. He probably will never ever come close to matching that Arsenal side."
Arsenal failed to make any signings during the January transfer window the Wenger's frugality has started to get the ire of some Gunners supporters.
The Arsenal boss is known to have the financial reserves available should he be prepared to enter the transfer market and a number of potential acquisitions are reportedly on his radar.
Ajax defender Jan Vertonghen is allegedly a long-term target for Wenger, while PSV striker Ola Toivonen has been linked with a move to the Emirates Stadium in the last few days.
However, the signing of Barcelona striker Bojan Krkic may represent the 'big signing' Wilson - and others - so crave, and El Mundo Deportivo reports that Arsenal are interested in the 20-year-old.