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Arsenal legend Thierry Henry fears his old club is losing their status across Europe.
Though Arsenal paid Borussia Monchengladbach’s £33.8million asking price for Swiss midfielder Granit Xhaka in May progress on their key targets in attack and defence has been, at best, frustratingly slow.
Henry told Sky Sports: “Are Arsenal still the first choice in England? If a big player becomes available on the market, first of all, can you compete? Can you put the money on the table?
“Next, is the money stupid? We all know the money is stupid but you have to pay.
“And finally does the player want to come to Arsenal? That’s something we all need to take into consideration. So are we still the first-choice in England? I don’t think so.”
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