Arsenal's budget target remains on track despite their sudden top four collapse.
The Gunners were in the driving seat to finish in the final Champions League place at the beginning of the month, leading bitter rivals Tottenham by four points with three games remaining.
The battle for the final spot in the top four will be decided on the final day, with Spurs needing just a point to secure it.
It will be a massive disappointment for Arsenal fans if they are pipped to Champions League football, but the club are claiming that a top-four finish was never expected, says ESPN.
It means their end of season slump will not affect their long-term budgeting.
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