Arsenal chief executive Ivan Gazidis has made it clear that the club will become one of the world's biggest within two years.
The Gunners have failed to win any silverware since the 2005 FA Cup and the club have not been on the best side of the fans with the recent sales of the likes of Cesc Fabregas, Robin van Persie and Samir Nasri among others.
However, at the club's AGM, Gazidis says that Arsenal are in a very strong financial position to soon be able to mix it with the best clubs in the world.
"In the next two years, we will have the financial resources to sit and compete among the leading clubs in the world, which is an extraordinary achievement," Gazidis said.
"Financial success is relevant because it supports our football vision... the money we make is made available to our manager and he decides how to invest those funds.
"Arsene (Wenger) has done a magnificent job against the spending of our major competitors.
"Our ambition is all about football - to compete at the very top of the game here and in Europe. To win trophies. It's important we understand our off-field journey if we want to understand our football future.
"The club is increasingly well positioned to take advantage of its excellent global reputation.
"I have no doubt we can and will return club to winning trophies and drive it forward to new heights. Standing together we can make Arsenal one of the leading clubs in the world.
"We have outperformed that spend every single year for 15 years. An extraordinary record of consistency."