Arsenal kept their place, and they are not giving the second position to anyone, they faced their toughest opponent and now two games left which they should be able to win. If they can do that then the yare going to do great later on. I know it's a tough one, but they should be able to do it without much trouble.
It is not an easy decision to make but they should be able to actually get a great return from it and shouldn't be worried about it neither. I know it's a tough business to be in but they are doing a fine job for the time being and they need to realize being second worths a lot more money. City lost their third spot to Newcastle for example, and that is not good look for them, they need to be at the top, or at least as high as possible.
Arsenal again playing very poorly at the end of the season, as in previous seasons, but last season Manchester City overtook Arsenal in the table and became champion. This time Newcastle could beat Arcanal, cause Newcastle are only 2 points behind Arsenal.
Of the last 5 games, Arsenal lost 3 and drew twice and this is when Saka returned from injury, so most likely Arsenal have psychological problems, when the team can not adjust to the end of the season and starts to lose or draw at the most inopportune moment.