The Gunners had high hopes for this campaign following the summer signings of Chilean international Alexis Sanchez from Barcelona and Danny Welbeck from Manchester United.
Going forward, Arsene Wenger’s men are as potent as any other Premier League attack, but when out of possession they have really struggled to remain tight at the back.
While injuries certainly haven’t helped, Wenger opted against signing a much-needed new midfield player and their early season performances were inconsistent, leading to a number of dropped points.
Going into today's Premier League clash at Manchester City, the North London outfit currently lie in sixth spot in the table, four points adrift of Manchester United in fourth place.
A top-four position and subsequent Champions League football is Wenger’s bread and butter, but for the first time in years the prospect of falling short is starting to look like a real possibility.
Hamann, however, believes that the Gunners possess enough attacking quality to do it and backs them to succeed in their quest to finish in the top four.
“The top two positions are decided, but there’s six teams going for the next two Champions League places. I think that Arsenal will do it because they have so much quality,” he told The Mirror.
Yet, the question which remains is whether or not Champions League qualification really is in the best interests of the club.
Of course, financially it makes sense, but will another top-four finish paper over the cracks of what many perceive as a Gunners squad possessing a soft underbelly?
Hamann pondered the possibility, adding: “Maybe they need a season of finishing outside the top four to give the whole club a kick up the backside.
“We all saw how serious Manchester United got in the transfer market after the disappointment of last season. Maybe Arsenal need that because, as a club, they are in a comfort zone.
“That defensive midfield position I was talking about illustrates where Arsenal are as a club - they’ve gone a bit soft.”