The former England international said: "I think he'd walk into Arsenal's team.
"Have you seen their centre-forwards? They're fine but they're not as prolific as Vardy. They are not as quick as Vardy and they don't give you the options Vardy does.
"Olivier Giroud is a certain kind of target man. He will get his one goal in three or whatever it is.
"Lucas Perez, who they've brought in, I quite like but he's not going to be as prolific as Vardy. All players believe they will start anyway if they've got anything about them.
"You can tell Vardy is full of confidence."