Ex-Arsenal forward Charlie Nicholas claims the Gunners would never have succumbed to their stars demands in the past.
The likes of Alexis Sanchez and Mesut Ozil have demanded wages that compare with their rivals at Manchester City, Manchester United and Chelsea, and Nicholas believes Arsenal should cut them loose.
"Arsenal had great credit in the footballing market because they would not go over the threshold of £100,000-a-week," said the Scot via talkSPORT.
"They sold Robin van Persie to Manchester United because he wanted £200,000-a-week. Arsenal had values at that time. Arsenal don't have any values and any soul that says to these players,' you can go'.
"Henry, Vieira, they were the greatest players Arsenal ever had and now you have got players who are not going to be anywhere close to the greatest and we are keeping them and they are holding us to ransom.