Arsenal boss Mikel Arteta has praised the club's owners for being patient as the team was in it's development phase.

Arsenal's breakthrough season caps a dramatic turnaround for both Arteta and the club's owners, the Kroenke family, who were facing intense pressure from supporters in the wake of the doomed European Super League plot less than two years ago.

"It took some time to position themselves where they wanted in terms of how much of the club they own and how much they could decide and how much they could really benefit the club in the way they believe is right," Arteta told the London Evening Standard. "I believe they were really patient in exactly the right way. Now they have shown they are fully committed, they have big ambitions and they are fully behind the club to give everything they can to make it successful.

"I am convinced the owners will continue to do everything to make us very successful and continue to invest in the club in the right way."

At the end of last season, the Kroenkes rewarded Arteta with a contract extension to summer 2025 and the Spaniard has revealed the club is "ahead of schedule" of his carefully mapped out — but private — five-phase plan.

"We are in 'Phase Three' and a little bit ahead of schedule," Arteta said. "It's private but [the plan] is just my understanding and vision of what the club was, and what we have to capture and develop. It's my idea of the decisions we have to take to move it forward.

"I take things day by day. It's the only thing you can do when you're a manager. You have to be focused on daily and not get too lost.

"But the bigger picture is clear. I know what I would like to do and what I would like the club to be in certain months, but we have to impact today's decisions in the best way to be where we want."