Arsenal legend Ian Wright has insisted that manager Arsene Wenger won't be able to do too much with a £70m transfer budget this summer.

Reports claim that the Frenchman has a £70m warchest and himself claimed that he would be proactive in the transfer window over the next few months.

However, Wright believes that the amount isn't actually that much when taking into consideration where he feels that the Gunners need to strengthen.

"This team certainly needs improving in more than just a couple of areas. Arsenal need another goalkeeper, two centre-halves and a top-quality central midfielder. There also needs to be more strength in depth," Wright wrote in The Sun.

"Wenger also has to buy an excellent striker who will score over 20 league goals. My choice would be Edinson Cavani and this, of course, is where the problems start. It seems Arsenal have money to spend this summer and Wenger has promised to buy big.

"The problem is that the amount being mentioned is £70m, including wages. And that does not get you a lot if you are competing with the biggest clubs in Europe. You would probably get Cavani for £70m including wages. And that's it. Arsenal would be unable to afford anyone else. Arsenal will have the same problems if they are looking at Atletico Madrid's Radamel Falcao or Dortmund's Robert Lewandowski."

Wright scored 185 times for Arsenal.