The Gunners lost 3-2 to a youthful Manchester United side at Old Trafford yesterday, to leave their title chances in tatters.
Arsenal are now five points behind Leicester City at the top of the Premier League table, and to make matters worse their local rivals, Tottenham Hotspur, have also built up a healthy advantage over them.
And Wright said: “The frustration Arsenal fans have [is that they fall away]. We’re talking 2008, 2010, 11, 14 and now 16 it looks like it might be happening again.
“And what it is, is that you are looking across the road to Spurs and there’s something happening there, there’s a change. For Arsenal, it seems like it’s groundhog day. The same things seem to be happening again.”
Tottenham have not finished above Arsenal since way back in the 1994/95 campaign, with Arsene Wenger’s side enjoying superiority over their near neighbours.
However, Spurs showed their resilience yesterday to battle back from behind against Swansea City, while Arsenal struggled.
The Gunners took on a United side which was ravaged by injury, but they failed to show their best form and were punished.
The defeat comes just days after they were also beaten 2-0 by Barcelona at the Emirates Stadium, to leave their chances of progressing in the Champions League slim.
Arsenal’s season currently appears to be heading towards disappointment, but they do take on Spurs at White Hart Lane next weekend, and a win in that match would put them back on track.