The England international was one of the Premier League’s standout centre-forwards last term after a return of 24 goals in 36 games.
We’re now a club where people will use us to get a better deal at their club
Arsene Wenger has been heavily linked with a move for a striker throughout the summer transfer window as the Arsenal manager looks to bolster his attacking options.
However, Vardy rejected the chance to move to Arsenal after the 2014 and 2015 FA Cup winners had made a £20m offer for the England international.
The Gunners have only signed three players in the summer transfer window so far, including a £33m deal for Switzerland international Granit Xhaka.
Former Arsenal striker Wright believes the Gunners’s stock has fallen with prospective signings, as highlighted by Vardy’s decision to reject the north London side.
“It was a little bit embarrassing,” Wright told The Sun Goals app.
“I was excited they were going for that type of player. That’s the type of player we need who can stretch people. Jamie Vardy might have been using Arsenal to get a better deal at Leicester.”
Wright added: “It’s what it says about Arsenal. We’re now a club where people will use us to get a better deal at their club. I know they’re champions but they’re not at the status of Arsenal.”
Arsenal finished in second place in the Premier League table last term as the Gunners hoisted themselves above Tottenham Hotspur on the final day of the season.
Olivier Giroud scored 16 Premier League goals for the north London outfit in the 2015/16 campaign.
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