The Gunners thumped Aston Villa 4-0 at the Emirates on the final day of the 2015-16 campaign yesterday in what represents a slight success, after North London rivals Tottenham Hotspur surrendered the runners-up spot by losing 5-1 at 10-man Newcastle.
Nevertheless, Arsenal rounded off the season a massive 10 points behind champions Leicester City, who suffered just three defeats in the entire campaign.
Winning the title was Wenger's aim as he tried and failed to end his and Arsenal's 12-year drought, and the Frenchman, who has often sugar coated the reality in order to shield his team from criticism, made his feelings on second place perfectly clear.
"We are second in the league and we want to be first. But if you are not first, you might as well be 10th or 12th," he told the club's official website.
"You might as well say that first is good and the rest is rubbish."
Arsenal fans might find the 66-year-old's comments as refreshingly honest, given that he is seldom that frank in his interviews - and he's right in what he says.
First place should be of the utmost importance for a club like Arsenal, but it remains to be seen when, if ever, they will finish in that position under the long-serving manager - who could celebrate 20 years at the club this September - again.