Arsenal hero Ray Parlour has questioned how far new manager Unai Emery can take the club.

Parlour thinks Arsenal must spend many times that amount if they are to compete with the two Manchester clubs.

“I would love him to do it, but I'm going to say no," Parlour told talkSPORT when asked if Emery can lead Arsenal to the title.

“I think Man City are going to get stronger and stronger, and I think Pep Guardiola is going to stick around.

“I can't see who's going to challenge them.

“Top four is going to be important [for Arsenal].

“They've got to get back into the Champions League, so, for me, top four will be a very successful season."

The only way Emery will be able to win the league is if there is major investment in Arsenal, the same level of investment enjoyed by Guardiola at the Etihad.

Parlour continued: “Unless there's massive investment, the same as at Man City, [they'll never win the league].

“Man City will go out and buy the big players. If Pep Guardiola stays around and they keep trying to make the squad better, it's going to be very difficult."