For sure, I'm pretty sure Arsenal will be a strong competitor in the 2023/2024 season. at least, for the League competition. because for the Champions League competition, Arsenal really need a mentality that has been formed solidly. but supposedly with the depth of the squad they currently have, Arsenal can become a team that is inconvenient for other top teams when they meet in the Champions League. I hope, Harvertz, Rice and Timber, will contribute to the Gunners squad.
I wouldn't say that Arsenal's squad was very strong last season. But the bond between Arsenal's players was strong. The understanding between the players was excellent. And so Arsenal's overall performance was very good. If Arsenal management is able to strengthen their squad next season, then I think they will fight for the title next season as well. Mikel Arteta is very experienced. He will surely try his best next season to keep Arsenal at the top of the points table.