If we take a look at Arsenal's summer transfer window it may look very successful, and to some extent it is.
Danny Welbeck for £16million could be a good signing IF he plays as a striker, which so far it looks like he will. Alexis Sanchez for £35 million is a proven world class player with experience in winning the biggest trophies.
David Ospina is a good backup keeper who could push into the first team, especially after an impressive World Cup. Mathieu Debuchy, up until his injury looked a good signing and Callum Chambers looks like fantastic business for the current and future.
So what was wrong?
What Arsenal really needed was a proven world class goalscorer, which Welbeck could yet be. Despite criticism from fans, Welbeck always performs as a striker and has scored some big goals for Man Utd and England.
However, with Mario Balotelli, Diego Costa, Radamel Falcao and Mario Mandzukic all moving clubs and Jackson Martinez available, it seems strange Wenger didn't go for at least one of them.
Welbeck could still come good and isn't really a major issue. He offers more than Giroud with a fantastic work rate and Arsenal have plenty of goals in midfield, Welbeck will guarantee the team playing better and scoring more goals than if Giroud was playing.
Arsenal have been looking for a top quality protector of the defense since Gilberto left in 2008. Flamini offered some good performances last season but overall is not the right standard. So who could Wenger have brought in?
Sami Khedira had an impressive World Cup and could have been the perfect partner for Aaron Ramsey. Khedira is more of a box to box midfielder but then again Vieira was no stranger to bombing forward.
Khedira would fit Arsenal's passing style and would help them a lot of counter attacks and always gets back. The issue with him seemed to be his wages.
A lot of Arsenal fans wanted William Carvalho. Also a target of Chelsea and Man Utd, Carvalho has begun growing himself a reputation. He is more of a holding midfielder than Khedira and could have been perfect as he can also play in defence.
The main issue seemed to be the price and a complicated 3rd party ownership issue. His wages are very low although with super-agent Jorge Mendes who knows how much money was talked about. Over £30 million For a largely unproven player seemed a bit steep.
Other option include Lars Bender and Morgan Schneiderlin; these are both good options but there was never an offer on the table. If either were to happen they could sit nicely in as Wenger has a very good record with French and German players.
The issues in defence were dealt with fairly quickly. Debuchy came in for Bacary Sagna and Callum Chambers has looked brilliant in the centre and at right back. However, loaning out Carl Jenkinson could prove costly.
By failing to bring in another defender Arsenal are down to just six; Debuchy, Gibbs, Monreal, Chambers, Koscielny and Mertesacker. Add to that a long-term injury to Debuchy and a recovering Kieran Gibbs and Arsenal are clearly struggling.
While all six are perfectly capable, another good centre-back and Carl Jenkinson staying would have been ideal. Kostas Manolas and Sokratis Papastathopoulos were both linked late on but neither came off. Come January this must be dealt with.
Arsenal could have done with signing a new winger too. Marco Reus or Stephan El-Shaarawy would have looked nice as right now Ozil is struggling on the wing.
However, with Theo Walcott set to come back and a great left-sided performance from Alexis Sanchez suggests nothing is really wrong there. Joel Campbell, Santi Cazorla and Lukas Podolski have all proven they can play the left wing role fine, it's simply down to Arsene Wenger to play them out wide and let Ozil play inside.
Wenger's biggest mistake could have been turning down Fabregas. Not because Arsenal desperately needed him but because the Premier League could have done without Fabregas moving to Chelsea.
The best realistic outcome in January would be for Arsenal fans to hope for a Lars Bender or Morgan Schneiderlin and Sokratis Papastathopoulos, or another defender. Wenger is not the type to go out and spend big in January so don't expect Carvalho to be joining.
Although Sami Khedira is out of contract at the end of the year so a cut-price deal could be on the table, or Wenger could arrange to sign him for free for the start of next season.
If Wenger does none of this I forsee Arsenal struggling for fourth, although Wenger has got third with worse squads, so we'll see.