Arsenal chairman Peter Hill-Wood has hinted the board doesn't expect Arsene Wenger's team to challenge for the title this season.

He said: "I certainly want to finish in the top four in the league, and perhaps (win) the Champions League.

"We've played pretty well in Europe on the whole so far, and that would be very nice. We got to the final in Paris a couple of years ago and lost to Barcelona, which was very disappointing.

"But we've been up there and it would be wonderful to win that."