Former Crystal Palace chairman Simon Jordan has launched a scathing attack on Arsenal amid their massively underwhelming campaign.
Despite initial hopes of a top-four challenge the Gunners have struggled in mid-table for the majority of the season, and were also knocked out of the Europa League at the semi-final stage as well as exiting the FA Cup and Carabao Cup early.
Although they recorded an impressive 1-0 win against Chelsea on Wednesday the pressure is continuing to mounting on Mikel Arteta, with some of the belief he could be sacked in the near future.
Speaking on talkSPORT, Jordan said he himself is losing faith in Arteta's abilities as a manager - but thinks the Spaniard has not been helped by the "joke" situation at the club.
"The fact of the matter is that despite the advancing of the thought that Mikel Arteta was going to be a good manager, by people like me... I'm beginning to think that's unwinding," Jordan said.
"But I also think the reason for that is that Arsenal are a joke football club right now, in lots of ways.
They've got an owner who is disengaged, an owner that's happy with mediocrity. They've got a director of football who I don't think is pulling up any trees, and they've gone for a manager who sounds good on paper, but when it comes down to it, I'm not sure he's got the chops to do what Arsenal need him to do.
"Arsenal have just gone in a self-appointed organisation of the top six clubs... but they've worked their way backwards in the league and they are now a big club in image and reputation alone, because they are not a big club in any other department right now."
Jordan also hit out at the controversial supporter channel Arsenal Fan TV, which he believes is not helping the situation one bit.
He continued: "I don't have an agenda against Arsenal. The simple facts are they are eighth in the league, out of the Europa League losing to a manager you thought was a joke.
"What are you? Are you a winning football club, a club in the ascendency? You've got a group of fans that run a TV station just to vilify their own club.
"I'm sorry - I think they're a bit of a joke at the moment."
