Liverpool, who lost both the EFL Cup and Europa League finals in the 2015/16 campaign, last won a trophy when they lifted the League Cup in 2012; it is their only trophy under the ownership of Fenway Sports Group.
The Frenchman's future is clouded in uncertainty after the Gunners failed to qualify for the Champions League for the first time in 21 years, with the levels of discontent among the club's support growing louder as the season progressed.
There has become a consensus among Arsenal fans that Wenger's transfer policies and approach to management has become "outdated" and his days at the club are numbered.
He said there had been a "spell" during the season that had been "difficult", adding that it had been "difficult for me in my personal situation".
"We were playing in a hostile environment", he said.
"I think the club has a strong foundation, a strong organisation and everything to be one year out and come straight back in, like Chelsea did last season".
Liverpool made sure of a top four place at Arsenal's expense on Sunday after beating Middlesbrough by three goals to nil.
Romelu Lukaku halved the deficit with a penalty, his 25th league goal of the season, but Arsenal hung on and Ramsey struck with a superb curler with seconds remaining.
"It has been a good season, not just myself but I think the team has come on leaps and bounds", Lallana told the club's website.
"I don't know many that have done that".
"When Mesut Ozil is on tune and at the top of his game, there is no one like him in terms of vision and how he pauses the game".
Captain Laurent Koscielny is set to be suspended after being sent off after 14 minutes against Everton, while Gabriel Paulista was carried off on a stretcher with a left-knee injury.
"Probably a question for the manager", was the player's response when asked whether he would continue in defence.
"I've gone on record, I would well and truly be in the Wenger camp." he said.
"This season we have improved". "I would not say we're already in because qualification is qualification but we're already looking forward to it".
"When you lose games where you make too many mistakes and drop points unnecessarily, that was a mistake, particularly the games at the end of February and March when we slipped behind and we had to chase".