Arsenal secured their highest Premier League finish since 2005 after a win over Aston Villa saw them leapfrog local rivals Tottenham Hotspur.
To more casual football fans, this may indicate progress, however, everyone associated with Arsenal will know deep down that the Gunners have blown a golden opportunity to clinch their first league title since the unbeaten season in 2003/04.
One of the reasons Arsenal failed to win the league was a lack of investment in last summer, with goalkeeper Petr Cech being the only new arrival. Egyptian midfielder Mohamed Elneny was later purchased in January, but it ultimately proved too little too late.
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Arsenal cannot afford to make the same mistakes again this summer, investment in new playing staff must be a priority.
Here are four players Arsenal should look to sign in an effort to help them finally capture that elusive Premier League title.
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If rumours are to be believed, Borussia Mönchengladbach midfielder Granit Xhaka could well be on his way to the Emirates Stadium.
This could prove a key signing as Xhaka possesses attributes the Gunners so desperately missed during Santi Cazorla's spell on the sidelines.
Much like the diminutive Spaniard, Xhaka is a central midfielder who can orchestrate attacks from deep positions, but the Swiss international boasts much more defensive nous. Xhaka would be an ideal partner for any of Arsenal's current midfield options, and no doubt fans of the north London club will want to see this one get over the line.
Kostas Manolas has been a revelation at AS Roma since his move in the summer of 2014.
The 24-year-old has enjoyed two excellent seasons in Serie A and has emerged as one of Europe's most coveted centre backs.
Manolas would be a stellar addition to Arsene Wenger's side, a potential partnership with Laurent Koscielny is indeed a mouthwatering prospect.
Ageing vice-captain Per Mertesacker has shown evidence of a decline in ability, whereas Calum Chambers is relatively inexperienced, and the jury is still out on Gabriel Paulista.
Manolas fits the bill perfectly and would certainly improve Arsenal's much-maligned defence.
It's fair to say Götze's career at Bayern Munich hasn't exactly gone to plan, but one thing is for sure, Götze is a special player.
It was his goal which delivered the World Cup for Germany in 2014, coming off the bench against Argentina to net the only goal of the game deep into extra time.
After largely being a bit-part player in Bavaria, many believe it's time for Götze to establish himself as a first-teamer elsewhere, Arsenal could be a probable solution.
Not only would Götze solve the right wing conundrum at Arsenal, he would also provide the magic they lack when either Alexis Sanchez or Mesut Ozil are unable to provide.
For years, Arsenal supporters have been crying out for a clinical striker.
A forward who will bag 20 league goals per season, 25 plus in all competitions. For all Olivier Giroud's efforts, his highest league tally at Arsenal is 16 goals, those sort of numbers are not good enough for a team with ambitions to win the league.
Icardi is a clinical finisher, who at 23, will only improve. One would imagine his productivity at Arsenal would increase tenfold, with the likes of Ozil, Cazorla and Jack Wilshere all providing ammunition.
Out of these four players, who do Arsenal need the most? Have YOUR say in the comment section below!