Arsene Wenger insists qualification for the Champions League means more to Arsenal than winning a domestic cup competition.
Speaking at the club's AGM, the Gunners boss was adamant they had 'not stood still' in recent years despite going without a trophy since the 2005 FA Cup.
The Frenchman, who opened up with an apology for the 2-0 Champions League qualifying defeat by Schalke, said: "For me, there are five trophies.
"The first is to win the Premier League, the second is to win the Champions League, third is to qualify for the Champions League, fourth is the FA Cup and the fifth the League Cup.
"I say that because if you want to attract the best players, they do not ask 'did you win the League Cup?', they ask you 'do you play in the Champions League?'.
"If everybody is absolutely devastated when we finish third in the league, I promise you I will not be here if you finish 15th one day.
"We did not produce a good performance last night, but let's not forget it was a first home defeat in the Champions League for 43 games. Not many teams do that.
"I believe this team can deliver and I am optimistic we will have a good season and the players will show I am right.
"My job is to deliver a team with the resources we have, and I have never complained about that. I want a club to pay players from its own resources, there is no shame in that.
"It is still important that we keep our strength and stay united for the good of Arsenal, sometimes that is forgotten."
Chief executive Ivan Gazidis, chairman Peter Hill-Wood and majority shareholder Stan Kroenke were all heckled at the club's annual general meeting on Thursday over the club's financial strategy and failure to win a trophy since 2005.
Gazidis had to call order to get the AGM back on track after being accused by one shareholder of "ruining the club" with his financial policies.
Wenger, though, received a warm reception after his address which ended with a call for unity.
He added: "We want first to win the Premier League, that is what we are here for and that is what we want to fight for - believe me will give absolutely every drop of energy to achieve that and will do that again this year.
"It is still important that we keep our strength and stay united for the good of Arsenal, sometimes you can forget that."
Gazidis had earlier said that Arsenal would be able to compete with the world's biggest and best clubs as UEFA's Financial Fair Play regulations become more rigorously enforced.
"In the next two years, we will have the financial resources to sit and compete among the leading clubs in the world, which is an extraordinary achievement," he said.
Kroenke was asked whether dividends were to be paid to shareholders which would mean money being taken out of the club at some future stage.
The American tycoon, whose group also owns US sports franchises the Denver Nuggets, the Colorado Rapids, the Colorado Avalanche and the St Louis Rams, said: "This club is run through the board. I have always been respectful of that process.
"Aside from that, as majority shareholder it is clear we have a record in sports around the world.
"We have never put any debt on this club for acquisitions (during the takeover) and never said money was not available to spend. We acquire through our own resources."