The Germany international’s future has been a source of regular debate over the past 24 months after allowing his contract to run down.
His team-mate Alexis Sanchez completed a switch to Manchester United in the January transfer window as part of a swap deal that saw Henrikh Mkhitaryan move to Arsenal.
Ozil, though, put pen to a paper on a new three-and-a-half year contract worth a reported £300,000 a week at the Emirates Stadium.
The World Cup winner has won three FA Cup titles during four and a half seasons at the north London club but Ozil hasn’t been able to transform Arsenal into title challengers.
The Gunners signed Borussia Dortmund striker Pierre-Emerick Aubameyang in a club record £56m deal on transfer deadline day last month.
Former Arsenal striker Wright believes the Gunners need further additions in the summer to keep Ozil onside.
“He has Mkhitaryan and Aubameyang,” Wright told BBC Radio 5 Live. “If he has been given assurances it is going to happen [new quality signings], it needs to happen quickly.”
Arsenal signed Ozil in a £42.5m deal from La Liga giants Real Madrid in the 2013 summer transfer window.
The Gunners lost 3-0 to Premier League leaders Manchester City in the League Cup final at Wembley last weekend.
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