"Yes, we bid 100m euros for Lemar but the player wanted to stay in Monaco", he said.
"Did we make a €100 million offer? Yes".
Things are not going particularly well at the Emirates Stadium now, with the club's disappointing transfer window only increasing scrutiny on a start to the season which has seen Arsenal take just three points from their first three Premier League games.
"He is always ready to receive the ball, he is quite complete in both defence and attack". Yes all true, I wanted him.
FFP is now in the spotlight due to the incredible spending of PSG, who are the subject of a UEFA investigation after signing Neymar and Kylian Mbappe over the summer. The striker moved to PSG on loan instead.
The Gunners made a €100m bid for the French worldwide, but Wenger has admitted that he "decided to stay at Monaco".
'He is a very important player for us'.
"Look I can not tell you everything that happened because after that when you decide to let a player of that calibre go, you need to replace him because nobody would understand that you let the player go and when you can not do it".
The financial package would have nearly doubled their current transfer record (£53m for Alexandre Lacazette) and broken the Premier League's all-time record (£89m for Paul Pogba).