Tottenham Hotspur's 2-1 victory over Arsenal on Sunday was another example of how the White Hart Lane club are fast becoming North London's premier side.

Spurs' victory extended their unbeaten league run to twelve games, their best in the history of the Premier League. This is largely due to the form and goals of star man Gareth Bale who is influencing most of what is good about Tottenham.

The Lilywhites have now moved into third place in the Premier League, seven points in front of Arsenal in fifth, and just two points behind Manchester City in second.

The season is still a long way from ending but Tottenham have certainly consolidated their position in the Champions League qualification places. This is crucial to their development as a club, with the potential to attract better players (as well as keeping them) and also the extra revenue that the Champions League brings. 

By contrast, Arsenal are struggling. Currently lying in fifth place they are in danger of not qualifying for the Champions League, which is unheard of in their recent history.

The Emirates outfit have not recovered since the sale of Robin van Persie to Manchester United in the summer. To lose a player of his quality is difficult to replace. Arsenal's constant sale of their best players cannot be maintained without it seriously affecting the team. Perhaps these departures have finally caught up on them.

This season Arsenal have been humbled by Blackburn Rovers and Bradford City in the FA Cup and League Cup, as well as more recently being outplayed by Bayern Munich in the Champions League. Eight years without a trophy is now taking its toll on the club.

The Arsenal board need to make some crucial decisions over the next few months. Firstly they need to decide if Arsene Wenger is the right man to take the club forward and secondly whether they are willing to spend big in the summer in order to bridge the gap that is now emerging at the top of the league.

£123m in the bank.The Gunners have revealed a strong financial position with approximately  If Arsenal are to compete for trophies next season then I believe the vast majority of this will need to be invested in the squad.

The rest of this season and any summer activities could well dictate whether the balance of power remains at The Emirates or shifts to White Hart Lane for a sustained period of time. At the moment Tottenham are in the driving seat to wrestle the initiative away from Arsenal.


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