Arsenal legend Wright says Wenger should sign Henry outright
Wrighty reckons Henry, 34, should be offered the chance to finish his playing days back at the Emirates before being handed an ambassadorial role at the club.
He said: "I'd like to see Thierry come back and stay at Arsenal in the same capacity as what he will be doing now.
"That might be coming off the bench but I'd like to see him stay and then become an ambassador for the club or be given a coaching role so he can be there on a more consistent basis.
"I'd like to see him involved at a high-level so he can help the club attract great players because as good as it will be to see him back in an Arsenal shirt, in two months' time they will be back to where they were."