There has been much optimism surrounding Arsenal over the summer with many believing they can mount a serious title challenge this season, especially after the addition of marquee signing Alexis Sanchez from Barcelona.
Arsène Wenger's side have had an encouraging start to the season too; thumping last season's champions 3-0 in the Community Shield, then just about winning their first league tie at home to Crystal Palace last Saturday.
However despite this Marsh, who played as a centre forward for City between 1972-1976, believes that the Gunners squad is not strong enough to really compete for the title and is only capable of finishing third place in the league.
The 69-year-old told talkSPORT: "They are a great team, they have got great players and they look fantastic, but they always come up short. Again I look at Arsenal this year and I have got them for third place."
Marsh scored 36 in 118 gams for City, and he claims that Arsenal lack the strength in depth that clubs such as Manchester City and City possess, and feels this will eventually prevent them threatening to win the Premier League this season.
He added: “If you look at Manchester City’s and you look at Chelsea’s 14th, 15th, 16th player, most of them are world class internationals. With Arsenal, when you get past their 14th player you are thinking, who is their great 15th player?"
Manchester City and Chelsea are many people's favourites for the title this season, and the former England international is of the same belief.
“They are just short of a great squad. They have terrific players, but not enough in the squad, in my opinion. It’s a two horse race [between Manchester City and Chelsea].”
City won their opening match against Newcastle 2-0, and have strengthened with Fernando and Mangala signing. Chelsea were very impressive in their 3-1 victory of league new boys Burnley, and with new signings Fabregas and Costa getting off the a bright start they can expect to push all the way for the title this season.