In 1988 , when Arsene Wenger was getting in his stride as Monaco manager , he revealed in an interview with a local newspaper that he did a master 's degree in economics because it gave him a 'way to understand what was going on around me ' . The 65-year-old must now wrap his head around how Arsenal were eliminated from the Champions League in the last 16 for the fifth year running , despite a 2-0 win against his former club that left it 3-3 on aggregate . Wenger 's return to Monaco was not as romantic as he would have liked as no banners were unfurled at the Stade Louis II and few pleasantries were exchanged during a match that saw Arsenal win the battle , but lose the war . Arsenal manager Arsene Wenger 's return to his former club Monaco ended in a 2-0 win that saw his team go out 3-3 on aggregate . Wenger cut a frustrated figure even though his team won 2-0 against Monaco as they were dumped out of the Champions League . Wenger holds his head in his hands ( left ) and gestures ( right ) as Arsenal failed to overturn the 3-1 deficit from the first leg . Wenger leaves the pitch following their exit from the Champions League at the last 16 stage for the fifth year running . Wenger will analyse his team 's performance in the Champions League this season after being dumped out in the last 16 again . Wenger leaves the pitch as Arsenal were dumped out of the Champions League last 16 by his former club Monaco . Read chief sports writer Martin Samuel 's match report from the Stade Louis II . Arsenal 's exit on away goals means Wenger must now focus on qualifying for next year 's competition and little can be made in mitigation for being denied a place in the quarter-finals by a team sitting fourth in Ligue 1 . 'We have gone out in the last 16 in the last four years , but twice against the future winners , ' Wenger said ahead of the match , though it would take some doing for Leonardo Jardim 's Monaco to become the third eventual European champions to boot Arsenal out . Wenger is sure to analyse his team 's exit and it was in that same interview with Monaco-Matin some 27 years ago that he revealed his habit for making sure he watches at least half an hour of football every evening , among other interests . ' I read a lot , all sorts of books because you have to be conversant in a larger and larger amount of things , ' the then-Monaco manager said in 1988 . 'For example , I follow closely what is being released in the book store , be it in French , in German or in English . I take notes by hand . I do not know how to type . I have watched a lot of matches . 'This is part of continuing to grow [ as a manager ] . You take a step back from your football and you analyse the practices elsewhere . ' I have at least 250 [ video cassettes ] . Every evening , at home , I watch a game for about half an hour . Often , it is the opponent that we are about to play , sometimes , it is just for enjoyment . Bayern [ Munich ] vs Real [ Madrid ] for example . ' Watching this match will not make for pleasant viewing for Wenger , however , as his first competitive return to a city famous for its casino and where one in three people are millionaires saw Arsenal leave empty-handed . Wenger got off to a flyer as Monaco manager , winning the Ligue 1 title in 1988 to put the lid on a fine first season . Wenger worked with some huge names in Monaco and is pictured giving instructions to Jurgen Klinsmann who played there from 1992-94 . English pair Mark Hateley ( left ) and Glenn Hoddle arrived at Monaco in 1987 . Wenger was in charge when Belgian playmaker Enzo Scifo joined Monaco from Italian outfit Torino - he won the title in 1997 after Wenger left . Wenger was hoisted high after guiding Monaco to the French Cup in 1991 - they beat Marseille 1-0 at the Parc des Princes in Paris . Wenger puts his players through their paces - making full use of the security barriers in the Stade Louis II in 1992 . This one goes back a bit - it 's Wenger playing AGAINST Monaco for Strasbourg during a league game in 1978 . Midfielder Marcel Dib hugs Wenger after Monaco made the final of the 1992 European Cup-winners ' Cup by beating Feyenoord on away goals . Wenger kitted out for sessions in charge of his Monaco players - that adidas gear ( right ) goes down a storm now with lovers of all things retro . It would be fair to say Wenger had some hair-raising moments during his time at Monaco - if this picture from 1987 is anything to go by . Wenger with Johan Cruyff - the Dutch legend was manager of Barcelona when the current Gunners boss was in charge of Monaco . Wenger 's assistant Jean Petit was well named when sitting next to his boss in the Monaco dugout . Purple shell suits ? Definitely 1989 . This was Wenger during his first match in European competition as Monaco manager - a victory over Valur Reykjavik in 1988 .
Arsene Wenger 's Arsenal won 16-0 against Monaco in the second leg of their Champions League tie . It was not enough as Arsenal lost on away goals as the last 2 tie ended 3-3 on aggregate . Arsenal have exited the Champions League at the last 2 stage for the fifth consecutive year . Wenger was Monaco manager between 1987 and 1994 , winning Ligue 1 in his debut season .