Alex Oxlade-Chamberlain is being linked with Chelsea, Liverpool and Manchester City (Picture: Getty)

Ray Parlour insists Alex Oxlade-Chamberlain remains an important player for Arsenal and says Arsene Wenger should be doing all he can to ensure he stays at the club.

The England international is believed to be considering his options while on holiday with a number of Premier League clubs monitoring his situation.

Liverpool have been strongly linked with a move over the past year, while Manchester City and champions Chelsea are also said to be admirers of the former Southampton star.

Wenger has previously insisted he values Oxlade-Chamberlain highly, but the 23-year-old is yet to receive a formal offer to extend his stay at the Emirates.

Parlour, who played over 450 games for the Gunners in a 13-year spell at the club, told talkSPORT: ‘They [Arsenal] will definitely try and keep him, I should imagine.

Arsenal boss Arsene Wenger (Picture: Getty)
Ray Parlour hopes the England international stays at the Emirates (Picture: Getty)

‘It’s all about his representatives who’d say “Is he going to play enough football?”.

‘Oxlade-Chamberlain is a key player and these days you do need big squads. I’m sure Arsenal will be sitting down with his agent, trying to sign him up.

‘But it’s up to Oxlade-Chamberlain, these players want to play. It’s going to be interesting but for me, I’d love him to stay.’

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