Arsene Wenger has so far been his typical self in the transfer market, making just three signings in Granit Xhaka, Takuma Asano, and Rob Holding.
The Frenchman generally seems to loathe parting with any serious cash despite it being made public that a large transfer kitty is available, often waiting for the perfect addition, which sometimes simply does not exist.
There are of course always rumours – the latest one being a £75 million double swoop for Leicester City’s Riyad Mahrez and Lyon’s Alexandre Lacazette, as per The Telegraph, but as it stands, the top-class striker and centre-back that Arsenal are crying out for are not forthcoming.
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Arsenal have now qualified for 19 successive Champions League tournaments, a record bettered only by Real Madrid, but Wenger and his side could be in danger of missing out this time around.
Whether they should be content only with the top four is another question for another day, but that must be the absolute minimum requirement.
It seems that Arsenal are questioned every year about whether they are good enough to make the top four again, and thus far, have always provided the answers, but this year is different. The pattern will change at some point, and with every other team addressing key issues and improving, if Arsenal continue to stand still, then they could feasibly be overtaken.
The chances of being overtaken are greater than ever before, with teams below them having bigger transfer budgets because of the TV deal. Arsenal’s budget is also larger, but other teams are more prepared to make the most of it, being more ambitious than ever.
Liverpool and Chelsea, with no European football, have a major advantage in the league due to having to play fewer matches throughout the season, whilst Manchester United, Manchester City, West Ham United, and others, have all strengthened.
The gap between Arsenal and those below them has so far been closed by the signings made by other teams this summer, and the Gunners need to do something before they find they are playing catch-up.
Wenger recently said that big money will be spent if the right players become available, but that is said every transfer window almost as if it is a club tradition.
There is therefore no guarantee that it will prove to be true; he said the same last year and then proceeded to only buy Petr Cech to the immense frustration of supporters.
If a new striker (a significant improvement on Olivier Giroud) and a top-class defender are not brought in, Arsenal will certainly not win the league, and will once again have to battle for the Champions League spots.
Drastic action is not needed, but buying one or two more players would transform a potentially frustrating season, into one where the club could genuinely challenge for the title.
Challenging for the title should be a regular occurrence for a team with such financial backing and star quality, but they always seem to be one or two players short.
There is no need to panic, but Arsene Wenger needs to make a move in the market. There is a suggestion that this could perhaps be his last season with the club at which he has been so successful over the years, but as it stands, they would be in danger of seeing him off with a whimper.
It would be sad to see his legacy tainted by a lack of decisiveness in the final years, and he has until the end of August to make sure that is not the case.
Can Arsenal finish in the top four if they make no more signings? Leave us YOUR thoughts in the comment section below!