Arsene Wenger has lost his touch in the transfer market, according to ex Arsenal manager George Graham.

The Gunners' coach between 1986-95, believes the Premier League club's performance has dropped off in the last few years due to the inferior quality of the signings Wenger made.

“In the last few seasons, the standard has slipped because the players coming into the club are, in my opinion, inferior to the players that were there seven years ago,” Graham told The Sun.

“His first spell at the club was phenomenal — three League Championships, four FA Cups, finishing in the top four for 15 years.

“But he has raised his own bar and he has to ask himself if he has fallen a little bit.”

Graham, who won seven titles as an Arsenal manager, considers the decrease of the quality of the players signed is not related to a lack of spending effort.

“Arsenal have never been big spenders, but when Wenger first came he was buying players at bargain prices and making them into world-class players,” he added.

“He has been brilliant but the last few seasons it’s been slipping gradually.”

The former boss, who holds a personal record of a 49 per cent win ratio in the Arsenal dugout compared to Wenger's current 57 per cent, also admitted that he regrets that the club now settle with a top-four place and questioned where the responsibility lies regarding the club's signings.

“It used to be all about winning the league, now it’s about making the top four.

“You have to ask, who is bringing the players to the club? Arsene or the scouting staff?”

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