Arsenal Monaco Champions League
Arsenal's Aaron Ramsey left disappointed at full time as Yannick Carrasco celebrates,Getty Images

Aaron Ramsey has revealed he is extremely disappointed at crashing out of the Champions League at the hand of Monaco, a team Arsenal had the measure.

The Gunners made a valiant effort to overturn their shock 3-1 defeat at home against the French club but fell short by a solitary goal as Ramsey and Olivier Giroud brought the Gunners perilously close to scripting history. The Frenchman opened the scoring for the Gunners in the first half and were all over a nervous Monaco side who were there for the taking.

However, a plethora of chances went begging as Giroud missed a couple of gilt-edged chances inside the box and Laurent Koscielny hit the bar to extend the Gunners' lead and end their five-year hoodoo of crashing out in the last-16 stage of the Champions League.

The premise was set in the first leg, when the Gunners were shambolic in defence, conceding three goals, including one in the 94th minute after they had scored one through Alex Oxlade-Chamberlain to halve the deficit.

Ramsey believes all is not lost for the Gunners this season and a spirited performance over the next few games can win them the FA Cup and also help them qualify for the Champions League for the 19th year in succession.

"We've always played teams like Bayern Munich and Barcelona. No disrespect to Monaco, but I thought we'd have a really good chance of qualifying. We were given a tough test from the first game," Ramsey told www.arsenal.com.

"It's not an easy place to come and their record has shown that. We've been full of confidence recently and we knew we could come here and give it a real go to maybe qualify, but we came a bit short in the end. We're obviously disappointed that we didn't qualify. We won 2-0 and gave them a good go. On another night we may have got three or four but it wasn't to be.

"We have to learn to keep ourselves in the game in the first leg. That's what we've been punished for again this year. We need to be a lot more wise in the first game then go to places like this and win. That's the main thing that we need to put right as quickly as possible."