Manchester City have opened the door for rivals Manchester United to pip them to a top-four finish in the Premier League.
In Manuel Pellegrini’s final home game in charge of the Citizens, they twice led Arsenal but had to settle for a share of the spoils following a 2-2 draw.
It means City have surrendered the initiative to United in the race to secure Champions League football for next season.
Louis van Gaal’s Red Devils will finish above their neighbours should they win their final two games of the season, away at West Ham on Tuesday and home to Bournemouth next weekend.
Sergio Aguero put City ahead against Arsenal on Sunday after just eight minutes only for Olivier Giroud to level only seconds later.
Kevin de Bruyne re-established the lead shortly after half time but it was Alexis Sanchez that hauled Arsenal level again on 68 minutes.
The result means City are two points clear of United, with just one game remaining, away at Swansea next Sunday.
Arsenal meanwhile have kept alive their hopes of toppling Spurs and claiming second spot after their North London rivals suffered a home reverse against Southampton earlier on Sunday.
Man City are now 4/6 to finish in the top four, while Man United are 11/10.
Departing City boss Pellegrini felt his side deserved to beat Arsenal and he is not giving up hop of finishing in the top four just yet.
“We need to wait for the Manchester United result, then we will think about our last game which we need to win. When you don’t depend on yourself it’s more difficult.”
“It was not the way we wanted to finish the season at home,” said Pellegrini. “We deserved to win this game, we played very well for 90 minutes, but in football you must score the goals.”