The Gunners midfielder says the club's decline in recent weeks has been all their own work.
Arsenal midfielder Mesut Ozil has told German outlet Spox that Gunners players have "screwed up" themselves and can not point the finger of blame elsewhere for the way their season has fallen apart in recent weeks, as quoted by the London Evening Standard.
At one point in February, Arsene Wenger's side were two points off the summit, on the way to an FA Cup quarter-final and had a Champions League last-16 tie to look forward to.
However, since then club have crashed out of the cup with a home defeat to Watford, been soundly beaten in Europe by Barcelona, and fallen 11 points behind Premier League leaders Leicester City by winning just three of their last 10 league games.
Ozil admits that slump has been a result of the players themselves failing to maintain a high enough level, but insists that the club still have an outside chance of winning the title.
"We did not play to our potential in the games against the so-called smaller teams. You immediately get punished for that in the Premier League.
"But we still have a chance of winning the title. We have to hope Leicester and Tottenham slip up and then make the most of it."
The Gunners did at least return to form with a convincing 2-0 victory at Goodison Park against an admittedly-lacklustre Everton side in their last match before the international break.
They now turn their attention to a league rematch of their FA Cup quarter-final with Watford as they look to make up the wide gap on the Foxes as the top of the table.
Ozil's teammate Nacho Monreal claimed earlier this week that all the Gunners can do is win all eight remaining league matches and pray that their rivals drop points, and it is indeed likely that Wenger's side would need a perfect record in the last weeks of the season to stand any chance of a first title in 12 years.