Arsenal lost 3-1 at home to Manchester City on Wednesday night and dropped down to second in the league table behind Pep Guardiola’s side.
The Gunners have lost two of their last three Premier League games and are on a winless run of four in all competitions.
Jordan conceded that he does not see Arsenal winning the Premier League this season following Wednesday night’s result and admitted that even Manchester United could beat them to the second spot in the league table.
But he sees a bright future for the team and given how well-managed unit they are, the former Crystal Palace owner is expecting Arsenal to win the league in the next couple of seasons.
Jordan said on talkSPORT: “I don’t think they will [win the Premier League this season].
“I think they might even get pipped by Man United for second spot, but I saw a side who are inevitably going to win the Premier League in the next couple of years.
“They are a good side, a good united and a good-coached and well-managed team.”
Arsenal have not won the Premier League title since 2004 when they won it without losing a single game under Arsene Wenger.