Arsenal must build on all but securing Champions League for next season by making two big-name additions in the form of Petr Cech and Morgan Schneiderlin during the summer transfer window to close the gap to champions Chelsea.
Victory over Hull City sees the Gunners nine points clear of fifth place Liverpool, with the Reds only having three games remaining this season, while the goal difference of Brendan Rodgers's side is also significantly inferior.
Liverpool would require wins in their final three matches and hope Arsenal failed to pick up any points between now and end of the season to deny Arsene Wenger's side a 17th straight season in Europe's premier club competition.
With a place in the Champions League seemingly secure, attention has turned to Arsenal's potential plans for the summer transfer window, which will see the club hope to build on the foundations for a tilt at the Premier League title next season.
"Arsene Wenger definitely needs to buy players and during the summer is going to be very important and not just for Arsenal. Manchester United, Manchester City, Chelsea and Liverpool will all strengthen and the transfer market is going to be very competitive with players available," he told Sky Sports.
"Who is going to go where will be the key next year. Arsenal need to keep their nucleus of players and also bring in some more quality in certain areas to really challenge Chelsea.
"The goalkeeping situation needs to be looked at – Wojciech Szczesny will move on and David Ospina has had his opportunity but you still need a real world-class goalkeeper.
"Obviously Petr Cech may be available in the summer and he's the sort of goalkeeper you have to be looking at. He's got that experience and that quality and is still a great age because 'keepers go on for a lot longer than outfield players.
"The centre-half position must be looked at as well; an old Tony Adams, if they could find someone like him, or a John Terry.
"And a central midfielder to strengthen right down the spine – someone like Morgan Schneiderlin, that's the sort of player I would be looking at if I was Arsene Wenger."