Thierry Henry, a member of Arsenal's last title-winning squad, believes his former side have passed up two opportunities to seize control of the title race.
The Gunners currently sit fourth in the Premier League but can go level on points with leaders Manchester City with a win against Norwich City.
But Henry, who won two Premier League titles under Arsene Wenger, believes the Emirates outfit should already be three points ahead of the chasing pack.
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The former French international turned Sky Sports pundit believes Arsenal should have taken three points against West Bromwich Albion and Tottenham Hotspur, and should be sitting pretty at the summit of the table.
Writing in his column for the Sun of Sunday, as per the Mirror, Henry said: "Arsenal have wasted two chances in two weeks to take control of the title race.
"If they are going to win their first Premier League since 2004 they can't let any more opportunities slip through their fingers.
"If they had beaten Spurs and West Brom like they should have done, they would be three points clear at the top. Instead, they are fourth and have squandered five points which could prove decisive in the end."
Arsenal's loss to West Brom was nothing short of a disaster. Not only did the Gunners fall to defeat, they lost Francis Coquelin for the considerable future.
The Frenchman has been influential in central midfield since breaking into the side in January and his absence leaves Wenger with a selection headache.
"If they are going to win their first Premier League since 2004 they can't let any more opportunities slip through their fingers."
Calum Chambers has been touted as a possible replacement, but Mathieu Flamini was given the nod for the trip to Carrow Road, and Arsenal are in danger of wasting more points as they are currently drawing 1-1 with Norwich.