The former Gunners midfielder has stated that the Frenchman needs to win the Premier League before bowing out.
Arsenal travel to take on North London rivals Tottenham at White Hart Lane today, with the focus on recording a victory to help their top-four ambitions.
However, with the Gunners 11 points behind Premier League leaders Chelsea, a title challenge looks out of the Emirates Stadium outfit’s reach.
With some Gunners fans making their feelings that a new boss is needed clear in recent years, the ex-England international has stated that Wenger needs to win the Premier League title before stepping away from the club.
“I think Wenger can do it,” The Express quote Parlour as saying.
“His squad is in great shape having bolstered it with Gabriel. And I believe it is his destiny to do exactly what Sir Alex Ferguson did. To win that trophy one more time and then call it a day.
“Wenger would love to go out at the very highest level and lots of Arsenal fans would be delighted. Certainly that will be what he is looking at.”
Although the clash with Tottenham is the side’s priority today, Parlour stated that Arsenal needed to broaden their gaze and target the division’s frontrunners.
“To be genuine title contenders they have to not allow themselves to get too fixated on the derby,” he continued.
“They should simply looking at Tottenham as the sort of game they have got to win to be title challengers – especially away from home.
“We had that different mentality when we played. Yes, it was the north London derby, but our main game was Manchester United – to beat them. That was our big, big game.
“At the moment the aim for every single club has to be to get closer to Manchester City and Chelsea. Now Arsenal are financially secure, they need to kick on more.”
Arsenal are two points ahead of Spurs heading into today’s clash and are equal on points with fourth-placed Southampton.
The Gunners can expect a hostile reception from the White Hart Lane faithful, with Spurs desperate for a top-four finish under Mauricio Pochettino.