Former Arsenal star Robin van Persie reckons the club can challenge for the Premier League title - despite missing out on the top four this season.
The Gunners saw their bid to secure a return to the Champions League fade away in the closing weeks of a promising first season under Unai Emery.
They still have a chance to snatch a spot in the elite European competition by beating Chelsea in the Europa League final on May 29.
But Van Persie still believes they are close to being title contenders as they seek a first top flight crown since their fabled Invincibles season in 2003/04.
"Of course they can, yes, because they're close already, they've been close for so many years," Van Persie told BBC Sport .
"It goes in periods. Now you have Manchester City , who are doing unbelievable. To win back-to-back titles is very special - that shows, really, that you're a proper team.
"But it goes in phases. Maybe [City manager] Pep Guardiola will leave next year and that does something to a club. Maybe Liverpool will take over and they will dominate for the next few years.
"But I hope and wish Arsenal all the best to win the title. I know how difficult it is."
Despite harbouring title ambitions, the Gunners have all their attention on their upcoming trip to Baku to take on Chelsea.
Van Persie believes his former club have the edge over their London rivals - although he's wary of the impact Belgian superstar Eden Hazard could have.
"Personally, I think Arsenal have the edge," Van Persie added.
"They're a little bit better. But Chelsea have Eden Hazard and he is a very special player - at any time he can come up with something."
