Arsene Wenger has predicted a successful season for Arsenal after the disappointments of the last campaign.
The Frenchman was speaking in front of fans and shareholders at the club's AGM on Thursday and optimistically suggested that they would have a "very good meeting" in May.
Wenger admitted to shortfalls in team performance last season, before declaring his joy at the side's start this time around.
"Last season, we had a difficult start, but from the end of November to the beginning of May we redressed the results," he said.
"The biggest disappointment - and for the first time in 17 years - was we lost in the cup competitions to lower division teams."
But Wenger is proud of the way his players have overcome a difficult opening day, when they lost 3-1 at home to Aston Villa, to lead the pack after seven games.
"The Premier League is tight again this season," he continued. "We need your [the fans'] support.
"We've had moments at the Emirates where we've not had that. But it's our job to also inspire you.
"We have huge ambition to win the league this season.
"At the end of May I'm confident we can have a very good meeting."
Wenger also spoke of his future transfer plans, with the club having come in for criticism after years of perceived under-spending on players.
"We were restricted financially and had to be strict, but we have come out of that," he explained.
"However, we have to defend our style of play and values, that comes from developing our own players, with youth policy and that should be core of our club.
"We will also look to buy proven quality - we did not need to scout to buy [Mesut] Ozil, it was just money.
"I am pleased we have shown you we are not afraid to spend."
Other issues covered at the meeting included the Gunners' controversial ticket prices, with new measures including £10 tickets for teenagers being announced.
Arsenal are unbeaten in the Premier League since the loss to Villa.
|11||M. Özil||58' 88'|
|Coach: A. Wenger|
for M. Flamini 37'
for Cazorla 59'
for O. Giroud 78'
|UEFA calls for FIFA elections to be postponed|
|BREAKING NEWS: Advocaat exits Sunderland and retires from club management|
|La Liga: Real Madrid season review - Ancelotti pays the price for disappointing season|
|Zambia 3 Ghana 0: First-half spree does the damage|
|Barnes suffers double knee ligament injury|
|Balotelli to stay at Liverpool - agent|
|Kane at the double in friendly win|
|Norwich make Dorrans switch permanent|
|Ings unsure of next move|
|Bournemouth snap up Federici|
|FIFA ´crisis´ cannot continue - Prince Ali|
|Barton headlines QPR exits|
|Juan demands more from Inter|
|Stoke snap up Haugaard|
|Subotic commits to Dortmund|
|Warner pleads innocence after US indictment|
|Napoli to refuse questions on Benitez´s future|
|USDoJ names indicted FIFA officials|
|Wenger coy over Vidal and Benzema moves|
|Suarez back in training ahead of Copa final|
|Pique: I´ll retire at Barca|
|Gerrard ´blown away´ by Liverpool send-off|
|FIFA ´very happy´ with Zurich arrests|
|Liverpool defender Toure targeting trophies|
|Ramsey eyeing title assault|
|Welbeck out of FA Cup final and England matches|
|FIFA the ´injured party´ as Swiss prosecutors open criminal proceedings|
|Prince Ali saddened by FIFA arrests|
|Pellegrini to make City defence a priority|
|Labbadia giving Lasogga, Olic, Jiracek time|
|Ramsey confident on Wembley chances|
|Swiss authorities confirm FIFA arrests|
|El Shaarawy open to Premier League move - agent|
|Reports: FIFA officials set to be arrested|
|Tigres UANL 2 Emelec 0 (2-1 agg): Mexicans through to Libertadores semis|
|Valencia ruled out of Copa America|
|Coleman: Bale being ignored by Real team-mates|
|Ruddy eyes England recall|
|Benteke will strike fear into Arsenal - Westwood|
|Howe named LMA Manager of the Year|
|Casillas reiterates desire to stay in Madrid|
|Dnipro players pay for fans´ tickets, transport|
|Galliani: I want Ancelotti back at Milan|
|Premier League: Manchester City season review - Frustrations as latest title defence falters|
|Injured Benfica star Salvio not for sale|
|AFC Champions League Review: Al Sadd suffer last-16 exit|
|Emery targeting historic victory|
|Toure and Wisdom pen new Liverpool deals|
|Stadium facilities drive Van Gaal potty|
|Blatter brushes off Figo´s ´dictatorship´ claims|
|Mavuba to end career at Lille after extending contract|
|Ipswich´s Bishop charged over betting breaches|
|Markevych admits to Dnipro nerves|
|Relegated Almeria to be deducted three points|
|Reims retain Guegan on one-year deal|
|Di Matteo departure could hinder Schalke swoop for Khedira|
|Bale planning Real Madrid stay|
|Del Bosque not prepared to risk Costa|
|West Ham earn Europa League berth|
|Pellegrini sure City will win title back|
|Low calls Herrmann into Germany squad|
|Gerrard will win trophies with Galaxy - Carragher|
|Frankfurt agree to let Schaaf leave|
|Hernandez hit with violent conduct charge|
|Bale set for 50th Wales cap against Belgium|
|Baines hoping for pre-season return|
|Bournemouth sign Boruc|
|Sevilla duo Rico and Vidal handed Spain calls|
|Premier League: Chelsea season review - Mourinho´s men canter to title|
|Speroni hints at possible Palace exit|
|Kane states Tottenham commitment|
|Boruc, Hooiveld leave Southampton|
|Oxlade-Chamberlain desperate to make FA Cup final|
|Roar turn to Aloisi|
|Di Matteo resigns as Schalke coach|
|Hughes hints at Moses return|
|Wenger hits out at scheduling|
|Terry backs Chelsea to dominate|
|Jets part ways with coach Stubbins|
|Kewell would love to manage Liverpool|
|Janmaat: Newcastle players failed Carver|
|Adelaide step up interest in Toni|
|Chelsea´s Drogba interested in MLS move|
|Otamendi wants to leave Valencia - agent|
|Benitez almost certain for Real job|
|Schneiderlin will leave for Champions League club|
|Kane planning to come back bigger and better|
|Moyes staying at Sociedad|
|Neil revels in Norwich promotion|
|Drogba interested in MLS move|
|Russian Premier League Review: Torpedo keep survival hopes alive|
|Turkish Super Lig Review: Galatasaray crowned champions as Fener have four sent off|
|Ghana 1 Madagascar 2: Simouri nets late winner|
|Galatasaray reclaim title as Fener implode|
|Ancelotti bears no grudge after Real sacking|
|Porto complete Bueno capture|
|Lazio 1 Roma 2: Yanga-Mbiwa settles Rome derby|
|Real sack Ancelotti|
|Route to the UEFA Europa League final: Sevilla|
|Derby sack McClaren|
|Eredivisie play-offs Review: Eagles relegated, NAC Breda earn reprieve|
|Inzaghi eager for Van Ginkel stay|
|Route to the UEFA Europa League final: Dnipro|
|Dani Alves plays down Champions League favourites tag|
|Middlesbrough 0 Norwich City 2: Jerome and Redmond send Neil´s men up|
|Renard takes over at Lille|
|Cancelo completes permanent Valencia move|
|Dnipro v Sevilla: Emery embracing chance at history|
|Kuchuk leaves Kuban Krasnodar|
|Desailly hails Terry and urges calm over Zouma|
|Guardiola has built on Heynckes´ Bayern legacy - Muller|
|Falcao thanks United fans|
|Zorniger takes Stuttgart role|
|Dani Alves to clarify Barca future after Champions League final|
|Pazzini in the dark over Milan future|
|Barzagli a doubt for Champions League final|
|Clough sacked by Sheffield United|
|Pardew eyeing ´quality´ signings|
|Carver encouraged by Ashley´s Newcastle promises|
|Gutierrez revels in Newcastle ´fairytale´|
|Relegation will haunt Hull - Chester|
|El Shaarawy eyes Italy call-up|
|Crouch delighted by headed goals record|
|Ancelotti all but confirms Real exit|
|Platini: FIFA will lack credibility if Blatter remains president|
|Bilbao duo pen new deals|
|Rooney: United can win title next season|
|Argentine football rocked by second death|
|Leicester must aim higher next season - Pearson|
|Monk negotiating new Swansea contract|
|Ox can play in cup final, says Wenger|
|Century of MLS goals ´surreal´ for Wondolowski|
|Copa Libertadores Preview: River not giving up hope|
|Cahill returns for Australia´s World Cup qualifier in Kyrgyzstan|
|MLS Review: Wondolowski joins 100-goal club|
|Toni on track for Hellas Verona´s maiden golden boot|
|Amid Ancelotti speculation, Galliani confirms Madrid trip|
|Berlusconi targets Ancelotti, Inzaghi remains committed to Milan|