The Welsh international will enter the final year of his contract in the summer and the Chelsea legend insists the Gunners must keep hold of the 27-year-old long-term and build the team around him.
“Ramsey has just over a year left on his contract and once again Arsenal have got themselves in a position where one of their key player's deals is running out.
“It will probably come as no surprise to people that I like Ramsey.
“Like me, he makes late runs in the penalty area and he showed that with aplomb for the second goal at AC Milan last week.
“One wonders if he's ever felt he's the main man at Arsenal and that's maybe why he might consider looking elsewhere.
“I feel some sympathy for him because his position has changed over the years at the club.
“Sometimes, because they've had so many attacking midfielders, he's been dropped further back.
“He is class when at his best and I do feel there is another level for him to strive for.
“He showed great quality at the 2016 European Championships.
“Arsenal need to keep their good British players and build the team around them, with more strength and power as a priority."