The Germany international, who moved to The Emirates in a £42.5m deal from Real Madrid last summer, was expected to help the north London side challenge for the Premier League title this season.
How many years would it take to get back in? You aren’t expecting Manchester United to be out of it for very long
However, Arsenal’s bid has come to a shuddering halt in recent months due to injuries to key personnel, including former Madrid star Ozil and England international Jack Wilshere.
Everton can move ahead of Arsenal and into fourth place if the Toffees beat Crystal Palace on Wednesday after the Gunners moved back into the top four following a 3-1 win against West Ham United on Tuesday.
“For all the many years, the stadium they built, they’ve got through the last 10 years here by playing Champions League football, not really bringing in big-name stars,” Merson told Sky Sports.
“The signing of Mesut Ozil for £42.5million in August is seen by a gamble by some, and may be criticised if Arsenal miss out next month.
“So to get through that and bring in a real marquee name, [Mesut] Ozil, from Real Madrid, one of the top teams in world football, and not to get in it this year would be a disaster.
“How many years would it take to get back in? You aren’t expecting Manchester United to be out of it for very long.”
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