Wise believes the Gunners have failed to address the lack of leg speed across their back four.
He told the Daily Star: “I think they conceded 51 goals which was quite high for Arsenal. But what they haven't added is pace.
“Sokratis is not for me. I watched him play against Chelsea and he got dominated and he lacked a lot of pace.
“Lichtsteiner is obviously 34 years old, hasn't got a lot of pace and they haven't added that.
“So, therefore, I think they're going to struggle.
"I look at the personnel that they've brought in and the position they ended up, sixth last year, and that's where I see Arsenal.
“I don't see that they've improved loads. My concern is their defence still.
“He hasn't convinced me with who he's brought in."