Arsenal's last Premier League title win came 10 years ago in the 2003-04 season. That's a long time for one of the country's most high profile clubs to go without top-flight glory.
Many would argue that the Gunners' failure in the last decade has largely been down to manager Arsene Wenger's reluctance to spend big on proven quality players.
However, he broke that trend last summer when the club splashed a club-record £42.4 million on Mesut Ozil, per BBC Sport, and Wenger needs to go big again this summer to make Arsenal genuine title contenders.
They proved last season that they are not far away from contention and one player who is reportedly being targeted to strengthen the squad at the Emirates is Juventus' Arturo Vidal.
"Vidal is one of the best midfielders in the world," said Wenger on French television. "He has everything. Incredible stamina, perfect timing. He's a marathon athlete who plays football."
Should Arsenal pay a club-record transfer fee to sign Arturo Vidal?
Jefferson reports Vidal's value at £44 million, thus Arsenal would have to break another club record in order to sign him up, but he is worth the money.
A box-to-box midfielder, he has terrific strength and ball-winning ability, as well as great pace and vision that would fit well into Wenger's slick attacking setup.
Vidal performed magnificently—despite not being 100 per cent fit—at the World Cup in Brazil, per AS, before Chile were knocked out by the hosts at the last 16 stage in a penalty shootout:
The outstanding Vidal coming off to roars of appreciation from the Chile faithful. Pinilla trundles on.— AS English (@English_AS) June 28, 2014
Vidal's Chilean team-mate Alexis Sanchez is also reportedly on Wenger's radar as the Frenchman looks to increase his attacking options ahead of next season.
Wayne Veysey of Goal.com reported that the Barcelona forward and winger is Arsenal's top target as the Gunners look to bring in a proven goalscorer:
Arsenal will make a £32 million bid for Alexis Sanchez after making the Barcelona and Chile star their No.1 forward target this summer, Goal can reveal.
Sanchez, whose World Cup is over after Chile were defeated on Saturday night by Brazil on penalties, is set to be sold by Barca this summer as they overhaul their squad following a disappointing season.
Olivier Giroud was heavily relied upon to provide Arsenal's goals last season and the signing of Sanchez would take some of the pressure off the Frenchman as well as providing a new dimension to the Gunners' game.
The 25-year-old bagged 19 goals and 10 assists in La Liga last season, per WhoScored.com, and Veysey reported that Arsenal intend to develop him into a genuine centre-forward.
He carried his form into the World Cup, inspiring his team to the last 16 and scoring the equaliser before Brazil knocked Chile out in the cruelest of fashions.
With the tournament in Brazil now over for both Vidal and Sanchez, Wenger can go ahead with talks to sign them both up.
Although Arsenal would have to break the bank to claim the pair it would be a sign of genuine intent that they are serious about contending for the title next season.
They are two players of proven quality and would be significant additions to a Gunners side that led the Premier League for much of last season but eventually fell away due to a lack of depth—a problem that would be solved by the arrival of Sanchez and Vidal.