Arsenal looked as though they were going to enjoy a very productive summer indeed when they signed Alexandre Lacazette and Sead Kolasinac.
Of course, the trouble is that's where their business ended and while they mounted an audacious £92million bid for Thomas Lemar on Deadline Day, it came to nothing.
Arsene Wenger's squad is looking largely the same it was at the end of last season.
They say madness is doing the same thing over and over again and expecting different results, so unsurprisingly, many of the Gunners' problems haven't gone away - hence the 4-0 embarrassment at Liverpool last weekend.
Alexis Sanchez has remained at the club for now which means an immediate replacement isn't required, but there are still big problems.
So, at the end of the summer, the majority of Gooners have ended up frustrated, angry, and not at all surprised.
Writing in his Daily Star column, former player and Sky Sports pundit Paul Merson has been bemoaning their transfer activity.
He's not the only one to have an opinion on who Arsenal should have and could have signed, but it's fair to say his latest comments are going to confuse a lot of fans.
Merson would like to have seen...
"Arsenal should have bid for Danny Drinkwater rather than let him go to Chelsea," he wrote.
"At least he will fight for you. This lot just give up."
Drinkwater completed a shock move to Stamford Bridge on Thursday night and yes, he'll add some depth to Antonio Conte's central midfield.
Missing out on the prestigious signing of Danny Drinkwater wasn't Merson's only beef with Wenger, however, as he also reeled off a number of other things the Frenchman got wrong at Anfield.
"Why would you play Alex Oxlade-Chamberlain when you know there’s already been interest from Liverpool and he wants to go?" he added.
"Then he pays £50-odd million for a striker and leaves him on the bench in the biggest game of their season. What must Alex Lacazette think of that?"
"I’m disgusted. It’s just an embarrassment from top to bottom. It frustrates me. And it will get worse too."
It's certainly not happy families at the Emirates at the moment after two defeats from their opening three games.
What do you make of Merson's comments? Have your say in the comments.