Wenger's side completed runners-up, 10 focuses loose of Leicester, who were 5,000/1 outcasts for the title at one phase.
For some aficionados of Arsenal, it was yet another missed open door under Wenger, who last guided the north London side to the Premier League crown in 2004.
Presently the veteran French administrator expects the new season, which gets in progress this weekend, to be a standout amongst the most aggressive ever, with English football's top flight playing host to a "big showdown of chiefs" in Jose Mourinho (Manchester United), Pep Guardiola (Manchester City), Antonio Conte (Chelsea) and Jurgen Klopp (Liverpool).
"Who anticipated that Leicester would be champion last season? No one," Wenger told Sky Sports on Wednesday.
"So you would say today to check seven or eight groups who can win it.
"There is dependably an astonishing group, and afterward you have six or seven major clubs who have the aspiration to win it," included Wenger, responsible for Arsenal since 1996.
"All the huge clubs experienced last season a misgiving and a sentiment coerce however that would remove something from Leicester, who had an extraordinary season.
"When you lose just three diversions in a season in a troublesome class that way, you are a fabulous champion.
"(There is) blame since you would not have anticipated Leicester win the alliance, so the various groups would say 'We ought to have come before Leicester'.
"You would comprehend you could lose against City, United, Liverpool or Tottenham — not Tottenham! (he clowned in a reference to Arsenal's curve nearby adversaries) — the other enormous clubs, yet you ought to beat Leicester.
"In any case, they had an extraordinary season and you need to compliment them."
Looking ahead, Wenger included: "It's an extremely energizing season, there are such a large number of aspirations out there. It's a tad bit of a big showdown of directors.
"How about we not be innocent, the financial force of the Premier League draws in the best players and the best supervisors. On the off chance that you need quality individuals, you need to pay the measure of cash.
"Today the Premier League is the most intense and in addition the most appealing and possibly the most well known on the planet.
"Each supervisor thinks today, 'On the off chance that I need to be perceived as a top administrator, I need to experience the Premier League'."
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