A day after Tottenham achieved a coming-of-age 3-1 win over European champion Real Madrid in the Champions League in front of more than 80,000 spectators at Wembley Stadium, Arsenal was laboring to a 0-0 draw at home to Red Star Belgrade in the oft-maligned Europa League.
"Not at all", said the Arsenal manager when asked if his side are the outsiders for victory this weekend.
Despite being a rival fan, Morgan admits he is a huge admirer of Kane, and urged him to "come home" to Arsenal.
Things haven't been great at times for Arsenal this term but that is all put to one side because it's time for the first North London Derby of the season.
And although Arsenal have won their last 10 Premier League games at the Emirates - their longest winning run at home since the stadium opened in 2006 - they have gone four home league games against Spurs without a victory, having last won on September 1, 2013.
Harry Kane has scored in all five of his Premier League north London derbies, netting six goals in total.
It shouldn't be forgotten that it was Arsenal which ended last season with a trophy - the FA Cup - and Tottenham's critics argue that Mauricio Pochettino's team need to win silverware as a form of validation of its progress.
How should Arsenal line up against Tottenham on Saturday?
"I think Tottenham are a good side but we have the quality to win this game and that's what we want to show". They enter Saturday in danger of doing that for the first time this year, having also lost at Old Trafford on October 28. Just a shame we didn't push him to that end earlier.
He added, "Two years ago when we finished above them we were disappointed because we didn't win the title".
Harry Kane, Dele Alli and Harry Winks all withdrew from the England squad with injuries while Hugo Lloris and Toby Alderweireld were also missing for France and Belgium respectively.
Lacazette became Arsenal's club-record signing in the summer after arriving from Lyon, and has started all but two Premier League games.
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