By Chris Harris

Arsène Wenger believes Arsenal can win the Champions League this season but he admits that Barcelona and Real Madrid are the "super-favourites" to lift the famous old trophy.

Pep Guardiola's side are the reigning European champions but they are trailing in the wake of their biggest rivals in La Liga with Jose Mourinho's side currently three points ahead with a game in hand.

Wenger's own team have been hugely impressive in Europe - winning five and drawing two of their seven matches thus far - but the Frenchman knows Arsenal are no more than dark horses right now.

"At the moment I would say in Europe there are two super favourites – Barcelona and Real Madrid," he said. "Behind them, everyone else can hope to win it and we will try to win.

"At the moment we are not one of the favourites but one advantage we have is that we have finished top of our group.

"From now it becomes a cup competition. The Champions League becomes different when you go in the last 16, it is more open. You need a bit of luck in the draw and you need to have your players available in the two games."

Copyright 2014 The Arsenal Football Club plc. Permission to use quotations from this article is granted subject to appropriate credit being given to www.arsenal.com as the source 5 Dec 2011