Venables explained in his column for The Sun: “Wojciech Szczesny is an excellent keeper who will surely rise to the top of his field one day. But he is not there yet and nor do I believe he will be next season.
“Arsenal and the confident Pole would benefit significantly from a top-class goalkeeper above him.
“And if the club have the funds they claim they do, then they must surely do whatever they can to bring in the best. So why not splash out £30-£40million to sign Schalke’s Manuel Neuer?
“If Wenger is serious about challenging for honours then he needs to try to buy the best in every possible position.”