That doesn't mean their title drought can't end this season.
Arsenal is still alive in the FA Cup. It travels to the Liberty Stadium to take on Swansea City in the third round.
Then there's the Champions League. For the first time in seemingly decades, the Gunners haven't been matched up with Barcelona. Bayern Munich presents tough opposition, but Munich aren't unbeatable.
Although it's unlikely that the Gunners, as currently constituted, can compete for the European title.
However, the January transfer window presents the opportunity for manager Arsene Wenger to provide some reinforcements to get Arsenal over the hump.
Here are four players that could help Arsenal win its first trophy since 2005.
David Villa, Barcelona
There wouldn't be a better short-term option for Arsenal than Barcelona winger David Villa.
The Daily Mail reported that the Gunners were strongly considering making a move for the out-of-favor Spaniard. Lionel Messi forced manager Pep Guardiola to use Villa out wide, but the winger can still be one of the better strikers in the world.
There are a few problems regarding this transfer, though.
Wenger might be unwilling to pay the 31-year-old Villa the wages he'll demand. Villa would also be ineligible for the Champions League. But he could be available for the Premier League and FA Cup.
Adrian Lopez, Atletico Madrid
One of the more fun stories to watch at Atletico Madrid wasn't the continued brilliance of Radamel Falcao. It was the emergence of forward Adrian Lopez, who according to the Daily Mirror is a target for Arsenal.
He struggled early in the season, but manager Gregorio Manzano stuck with him. When Manzano was sacked, new manager Diego Simeone continued to put Lopez in the lineup. It paid huge dividends.
The Spaniard was one of Atletico's best players last year.
Adrian isn't a prolific goalscorer, having only two in 15 La Liga games this year and seven in 27 last season. However his movement and creative ability is superb.
Plus, Adrian is a much cheaper option in terms of wages, thus allowing the club more movement in January.
Demba Ba, Newcastle
With his £7.5 million release clause, Demba Ba has gotten on the radar of many Premier League clubs. Earlier in the month, The Sun quoted Ba as saying, "It is true that Arsenal are among the clubs that are tempting."
It makes sense for both Ba and the Gunners.
Arsenal might have Lukas Podolski, Theo Walcott and Olivier Giroud as options up top. But with all of the football the club will have to play, it will need plenty of depth.
The transfer fee wouldn't be exorbitant, although, the striker would likely demand wages in the £90,000-100,000 range. He's only 27 years old, so Ba still has a few good seasons ahead of him.
And like Adrian, Ba would be eligible to play in the Champions League.
Luiz Gustavo, Bayern Munich
The midfield has been one of the biggest thorns in Wenger's side for the last five or so years. Arsenal has always had plenty of creative players, but there hasn't been that destroyer to win the ball back.
Alex Song was a dependable option, but he wasn't in that mold. He's at Barcelona now anyway.
Mikel Arteta has played well dropping deeper into midfield, but the Gunners need a defensive midfielder.
Yann M'Vila of Stade Rennes was long rumored to be the guy to come in and fill that void. His on-field and off-field actions, however, have scared many clubs away.
The Daily Mirror reported that Bayern Munich's Luiz Gustavo could be that player that Arsenal so sorely needs. He's a very underrated midfielder and is being a bit crowded out with all the options that Bayern have in midfield.