Former Tottenham Hotspur boss Harry Redknapp has tipped Arsenal to win the title if they make the right additions.
Redknapp believes Arsenal still need to add two more players to their current squad, but if they make the right signings he thinks they can win their first title since 2004.
So far the Gunners have brought in Petr Cech from rivals Chelsea for £11 million, but have not been able to add further to their squad, despite being heavily linked with the likes of Real Madrid forward Karim Benzema.
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Speaking to the Telegraph ahead of the new Premier League season, Redknapp said: "I think Arsenal need to make a signing or two.
"I think he [Petr Cech] is a great signing for Arsenal, he gives them a real presence in goal. I still think they need one or two more and if they get them they would be my tip this year for the league."
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The 68-year-old did not say where he feels the Gunners need to strengthen before the window closes, but feels they have a strong base going into the new campaign.
The addition of Cech adds some extra security to the Arsenal back line for the coming campaign however the Gunners still need a defensive midfielder if they are to win the Premier League, in my opinion.
Francis Coquelin was a revelation for the North London club last season in midfield but if he picks up a knock there does not appear to be anyone in the current squad who can fill the role effectively in the absence of the French midfielder.
There has been talk all summer that Arsenal are in need of a new striker to take them on to the next level, however the options they have at their disposal mean the Gunners have a front line capable of striking fear into their opponents.
Olivier Giroud has massively improved during his three year stint in North London, 14 goals in 27 league games last season showcase his finishing talents. Theo Walcott's pace is enough to trouble the best defenders, while Alexis Sanchez and Danny Welbeck are also capable of leading the line.
The midfield dilemma strikes me as a more pressing matter for Arsene Wenger, however a world-class addition upfront would not go a miss at the Emirates.
Arsenal fans: What new signings would you like to see before the window slams shut? Have your say below!
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