The Gunners have enjoyed an impressive season and currently sit top of the Premier League and Arteta feels that the Kroenke family are determined to see the club succeed.

Speaking to the Evening Standard newspaper, he said: "It took some time to position themselves where they wanted in terms of how much of the club they own and how much they could decide and how much they could really benefit the club in the way they believe is right.

"I believe they were really patient in exactly the right way. Now they have shown they are fully committed, they have big ambitions and they are fully behind the club to give everything they can to make it successful.

"I am convinced the owners will continue to do everything to make us very successful and continue to invest in the club in the right way."

Arsenal was Arteta's first job in management and he is taking nothing for granted after a rollercoaster period in the hot seat.

He added: "To start your managerial career with no experience at any level and face straight away that success and then having two years of Covid, with all the challenges that we had at the club, probably I am lucky to be sitting here today, looking back at how it could have developed!

"I have always been fascinated with the journey and living every single day like it is your last. You have to take this job, especially, like this, because every day there are challenges, as well as great opportunities.

"I just try to be the best possible manager for Arsenal and [provide] what Arsenal need today from me to make them better. In one month, it will be different and two years' time maybe they need something else, but it is about today."