Wright wants Arsenal to sign Dusan Vlahovic from Fiorentina this month.
He said things could ‘start to happen’ for Arsenal if they sign Vlahovic.
Arsenal have been heavily linked with the 21-year-old in the past few days as a potential replacement for Pierre-Emerick Aubameyang and Alexandre Lacazette.
Aubameyang has been exiled by Arsenal manager, Mikel Arteta, since being sacked as Arsenal captain last December, while Lacazette is expected to leave the Emirates at the end of the season.
“Arsenal have done fantastic business up until this point,” Wright said on The Kelly and Wrighty Show.
“I believe they do need to get another striker, even if everything can be sorted with Aubameyang.
“I am hearing Vlahovic from Fiorentina. We need that player who can be between Lacazette and Aubameyang.
“I don’t know what’s happening with Laca, I would love him to stay, I don’t know what’s happening with him, and we don’t know what’s happening with Aubameyang.
“But if we can get that striker, that hard-running striker who is good at the link-up play and is a good finisher – which Vlahovic is – then you’re starting to think it’s starting to happen now for Arsenal.”