“Arsene Wenger must become a catalyst for change for the club if he does stay.”

This was a statement from Arsenal CEO Ivan Gazidis at a fans’ forum meeting back in April.

Fast forward five months and it’s been another transfer window that promised so much, but delivered so little followed by back-to-back Premier League defeats at Stoke and Liverpool.

It’s deja vu all over again for Arsenal fans but Gazidis thinks otherwise:

‘At the end of the window, reviewing all activity, we have once again improved the depth and quality of the squad,” he wrote in an email sent to players and staff on Friday.

“Everything is coloured by results. A positive performance at Liverpool would have coloured this transfer window very differently.

The signings of Alexandre Lacazette and Sead Kolasinac were overshadowed by NINE departures, including Alex Oxlade-Chamberlain to Liverpool, plus the failure to address key problem positions in the starting XI.

So it’s safe to say the Emirates faithful did not share their CEO’s optimism.

Believe it or not, it could have been worse for the Gunners considering Alexis Sanchez was on the cusp of joining Manchester City.