Arsenal striker Thierry Henry has denied blaming the club’s lack of spending in the transfer market for their disappointing season.

In the wake of Arsenal’s Champions League exit at the hands of Bayern Munich on Wednesday, Henry compared his club’s spending unfavourably with the likes of Tottenham Hotspur and Birmingham City.

However, the French striker has since clarified his remarks.

“I never said we need to spend big or blamed anyone for the Champions League exit,” Henry said on Friday.

“I was asked is it true we have over-achieved, and I said we have over-achieved because we have not spent as much as Tottenham or Birmingham.

“That’s just a fact, it’s not about blaming, that was a fact, that was my only answer,” the France international added. “You twist what I said, I said you should ask the boss about that.”

Meanwhile, Arsenal manager Arsene Wenger is confident Henry and captain Patrick Vieira will stay at the club despite speculation hinting that they may leave Highbury in pursuit of honours.

“I don’t accept that and I am not worried,” Wenger told the London Evening Standard.

“We have the financial potential to do what we want to do. You don’t jump out of the boat if it is not going as well as you want it to go. I am confident they will stay.”