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Arsenal are third in the Premier League, but talkSPORT's Danny Murphy believes winning the Champions League could be more achievable.
The Gunners face Porto in the last 16 of Europe's elite competition this month following a six-year absence from the tournament.
Arsenal will soon prepare for their Champions League knockout tiesCredit: GettyArsenal are also chasing their first Premier League title for 20 years, having come so close to glory last season, although ultimately fell short in the final weeks.
Reigning champions Manchester City are firmly in contention too and as a result, Murphy believes Mikel Arteta's side could fare better on the continent.
It comes after Arsenal followed up a victory over Manchester City at the Emirates earlier this season with another stunning win over Liverpool on Sunday.
When asked on White and Jordan if he thinks they can win the Champions League, he said: "Well they'd have to do tremendously well at certain points in the season where they'd be trying to win the Premier League as well.
"But in one-off games... last year when Arsenal turned up to play City you kinda think, 'They're gonna get done.'
"They turn up to Liverpool and you think, 'Liverpool are favourites.' In one-off games this season, they've shown against Man City, beat them, against Liverpool, beat them, they can beat the best. Man City are the best team in Europe, they've beaten them.
"Away from home, they've gone to Anfield and got a credible draw, let's see how they do at the Etihad.
"But in the Champions League when things can go [either way], you could argue they've probably got more chance of that than the Premier League with City's history.
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"Because in one-off games they've shown they're capable. City over 38 games are relentless, City in the Champions League can have a bad day."
Liverpool are also in this season's Premier League title race but Arsenal have claimed four points against them, and also beat City in October.
Simon Jordan still believes Arsenal are 'bottlers' from last season even after their impressive win over Liverpool
The Gunners travel to the Etihad Stadium at the end of March in a huge clash that will likely prove decisive for the run-in.
Arteta's side have enjoyed success in the Champions League as well this term as they finished comfortably at the top of their group ahead of PSV Eindhoven, Lens and Sevilla.
Arsenal have never won the competition, with their closest attempt seeing them lose the final in 2006 against Barcelona.