Carragher questions Wenger's move for Newcastle United midfielder Yohan Cabaye.
He told the Sky Sports: "If Cabaye was that important to Arsenal I think they'd have bought him by now. It feels to me like a panic.
"If Arsene Wenger was that impressed and wanted Cabaye that much, why not buy him two months ago? What are you waiting for?
"It feels like a couple of years ago when they brought Mikel Arteta, Per Mertesacker and Santos in late. Santos has been a disaster for them and Mertesacker is not for me, though Arteta's done ok. When you start panicking with transfers towards the end you obviously don't get what you want.
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