Arsenal legend, Ian Wright has said that the club have made the right decision to sell midfielder, Aaron Ramsey, because the Gunners can sign two or three players with the Welshman's wage.
Ramsey had been keen on staying at the Emirates and was close to signing a new long-term deal with the Gunners.
However, the Arsenal board decided to withdraw their offer after holding talks with the new manager, Unai Emery and Ramsey look set to leave the club in January or at the end of the season.
Ramsey was surprised by the club's decision to withdraw the contract but Wright feels the club have done the right thing.
"He is a top player, when you get a top player like that who is going for free, you are going to have teams of that calibre [Bayern] coming for them," Wright said on his YouTube channel.
"I think it might be the perfect time for us and for him to move on. I think the boss should be given, now, the time and especially the money, to try and find maybe one or two replacements for someone like Aaron Ramsey, rather than giving Aaron Ramsey the kind of money he was asking for.
"Maybe we can get two, maybe three players at the 70, maybe £80,000-a-week level to come in and really bolster up the squad and contribute more.
"I think it might be time for Aaron to move on and I think it is a really good move for him, so hopefully we can, whether it is this window or the summer, we can get a few players in that fill that gap.
"It isn't something I'm too disappointed about, I'm pleased for him and I'm pleased with the new ruthless Arsenal in respects of the way they are saying.
"If that's the way it is going to be, then that's the way it is going to be."