Many Arsenal fans woke up on 1st September this year fearing the worst.
The transfer window was just over 24 hours away from closing and Arsene Wenger had yet to spend any money.
Meanwhile their rivals Tottenham Hotspur had signed £110m worth of talent, supposedly replacing Gareth Bale before he had even officially left for Real Madrid.
Spurs visited the Emirates on that fateful day and many Arsenal fans, having seen their team go down 3-1 to Aston Villa, were fearing the worst.
But the worst never happened and Arsenal came through in a tightly contested 1-0 victory. Adding to a joyous day for Gunners fans, shortly after the final whistle it was announced that Arsenal were in advanced talks with Real Madrid superstar Mesut Ozil.
As you all know, Ozil joined the Gunners for £42.4m shortly after Bale confirmed his departure form White Hart Lane.
Spurs were still expected to challenge Arsenal for a top four place and, despite the acquisition of Ozil, had a larger and more seemingly more talented squad.
But it hasn't worked out for Tottenham thus far.
Big money signings Erik Lamela and Roberto Soldado have failed to settle with the former not getting in to the starting line up and the latter failing to find the back of the net.
Christian Eriksen has suffered a serious ankle injury and Etienne Capoue is only just returning from a fractured leg.
Andre Villas-Boas has been sacked and no adequate replacement is yet to be seriously linked with the role.
Tottenham are seventh, eight points behind Arsenal having scored 15 goals in 16 games - less than Luis Suarez has scored for Liverpool.
Meanwhile the Gunners are top of the table despite losing to Manchester City at the weekend. They're through to the last 16 of the Champions League and look like genuine title contenders for the first time since 2008.
So who would swap places now?
Arsenal fans looked over green with envy in the summer, seeing their arch-rivals spend, spend, spend while Wenger and Ivan Gazidis sat back and did nothing to respond.
But that short-term view proved to be incorrect. Fine form and good results have silenced Wenger's critics while Spurs have landed in deep trouble.
They were so quick to spend the money received for Gareth Bale that the pot must be close to empty. Instead of waiting for the right players to become available for the right price, they launched big money offers to land the stars now, possibly paying well over the odds.
Now they must hope that the new manager, whoever he may be, can piece together what looks to be a group of individuals.
Arsenal kept their patience all along, only going after players at the right time and bidding the right money. A move for Suarez didn't work out but Wenger still didn't panic and his patience was rewarded with German playmaker Ozil.
Now they sit top of the league with their grass looking firmly greener than Tottenham's once again.