Maybe a few years ago, this would have been a squad that was only capable of breaking the top four, but at a time that Manchester City are in transition and a time when Chelsea's squad looks surprisingly thin beyond their stellar first XI, maybe it is finally Arsenal's time to have another crack at the Premier League title.
After failing to fire during Arsenal's 0-0 draw against Chelsea on Sunday, Henry expressed that Arsene Wenger needs to sign four new players in order to take the next step to Premier League title winners. Now he's not far wrong, but he listed that finding a replacement for Giroud should be one of Wenger's main concerns.
Wenger's Arsenal side are coming to their peak as a team. They put in a late joust at the title this season, they're overwhelming favourites to retain their FA Cup title, and they've got the potential to improve even further next season. Why would you take that stability and throw it out of the window?
Arsenal are like that talented kid at school - the one who who has so much to offer, but is a little scared of the spotlight. He prefers to just fade into the background and while he might be a little proud of what he's done, he doesn't like the attention on him. Nor the pressure.
The likes of Sami Khedira and William Carvalho have been linked with the club, but if Wenger wants somebody who will not need time to adapt to the league and will be available at a snip, here are six Premier League targets he could consider.
Arsenal have been heavily criticised in recent years and there is much debate as to why they continually fail to win the Premier League title or shoot themselves in the foot during key matches. However, critics are far too harsh towards the Gunners and here are five reasons why they should change their tune.
Whilst other clubs may feel they can never replicate the 'Invincibles', the real problem for Arsenal is that they cannot hope to either, with the past heroics of remaining undefeated now more of a hindrance than an inspiration.
As with any break, mangers and coaches have had the chance to regroup and plan the squad's development for the coming months. Improvement is the obvious aim for all the clubs, but for some teams the improvement will need to be far more dramatic than others.
It is this sort of patience and uncertainty that precludes the restless and impatient, and because of these things, constantly successful Mourinho from being anywhere near the right fit for the Arsenal model. For a club that continues to model itself on actualizing potential, Wenger is still the right man.
To bring out the best in a player of Özil's quality, a manager must build a team around him. Wenger strived to do this last season with 24 of his 25 league starts coming in the number 10 role. It's understandable why the Frenchman would do this, with the attacker widely regarded as one of the most creative players in world football.
Welbeck will get goals for Arsenal and it won't take him very long to find his shooting boots. £16 million what a bargain! Exciting times for Arsenal fans, if Arsenal are in a similar position to where they were last season come January and they actually decide to buy that strong holding midfielder everyone has been talking about then the title challenge is well and truly on.
Arsenal fans need to start considering what sort of football club they want to be. Wenger will forever be enshrined in their proud history, but is he the man to take them forward? His careful stewardship has seen The Gunners enjoy many incredible times. However, just one solitary FA Cup win since 2005 tells its own story.
It's true that hasty decisions and unreasonable sackings are ruining football, but surely Wenger's time was up a long time ago and winning the FA Cup final against Hull proves nothing about Wenger's suitability as Arsenal manager.
If Wenger won't spend the money on a player like Suarez who is arguably the best attacker in the world right now; how can we trust him to buy any players for next season? I doubt he will. In fact i'm certain he won't. He will point to this FA Cup victory and use that as another shield not to spend any money citing the players we have now are good enough.
Every new Premier League season gives rise to its own heroes and villains as the media is constantly watching every move in minute detail. As such, players and managers alike can either enhance or completely destroy their hard-earned reputations in a matter of months.
"Arsene Wenger will not be a difficult act to follow - he will be an impossible act to follow." Those are the words of former Arsenal vice-chairman David Dein, who spoke to Sportsweek earlier this week. He could well be right.