Being in the top four is not a trophy. Arsenal need a trophy badly as they have been trophy-less since their FA Cup triumph in 2005. Arsene Wenger has never let go of the purse strings and has always been very conservative with his purchases. He's known for buying talented young players at cheap prices.
Arsenal have been notoriously known as a feeder club, selling the likes of Samir Nasri, Cesc Fabregas, Robin van Persie, and Gael Clichy. Each of these players have left the club to go on to win trophies such as the Premier League, La Liga, Community Shield, and the Copa del Rey.
Despite all of these world class talents leaving the Gunners, they still manage to crack the top four on a consistent basis, something clubs like Liverpool and Tottenham wish they could say.
However, with arch rivals Spurs have adding quality players, that may see them make an even better run at the top four. With signings such as Roberto Soldado, Paulinho, and Nacer Chadli, they are enhancing the starting eleven in all different positions.
With Soldado, they have a fearsome goalscorer who should be expected to score at least 15 goals. He's already scored a winner for Spurs as he nailed a penalty kick against newly promoted side Crystal Palace. Paulinho will be the anchor in midfield that all other teams wish that they had. Paulinho may well join the ranks of Sergio Busquets, Bastian Schweinsteiger, and Javi Martinez as the top defensive midfielders.
With Spurs considerably strengthening their team, it begs a question: What are the Gunners response?
Arsenal have already seen transfer pursuits of Gonzalo Higuain and Luis Suarez fail. They've also seen a £10m offer for Yohan Cabaye turned down. While Cabaye is a good player, he simply would've just added depth to the midfield.
Cabaye would have competed with Aaron Ramsey and Mikel Arteta for a spot on the starting eleven. Arsenal are clearly weak in defence, and they haven't really made an offer for a top defender. The Gunners are also in need for a top striker as they have yet to fully replace Robin van Persie.
It's important that Arsene Wenger spends the money. The board is urging him to spend money because they realise that the competition for the top four is getting closer and closer.
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