Arsenal CAN challenge Man City in the Champions League, insists Jamie Carragher

Jamie Carragher believes Arsenal have a fighting chance at winning this season's Champions League and claimed they are better than both Bayern Munich and Paris Saint-Germain.

The Gunners are back amongst Europe's elite for the first time in six-years and progressed to the round of 16 stage as comfortable group winners in a four-team draw featuring PSV Eindhoven, Lens, and Sevilla.

Mikel Arteta takes his young Gunners squad to Porto next week for the first of two knockout games against the Portuguese giants and former Liverpool defender Carragher has backed them to continue their run in the competition.

Manchester City pipped Arsenal to the Premier League title last season as they became English champions for a third consecutive year and secured the historic Treble.

Pep Guardiola's team of superstars are justifiable favourites to win Europe's top prize again this season, but Carragher thinks Arsenal have a chance at beating the reigning champions if they come face-to-face.

'I actually think the team who could maybe have a chance against Manchester City in the Champions League is Arsenal,' Jamie Carragher was speaking on the Stick to Football podcast, brought to you by Sky Bet.

'Because this Arsenal team hasn't won anything big yet, we're still thinking 'How good are they?'.

'Then you go and watch the Champions League, and I'm watching Bayern Munich, a massive team – Arsenal are better than Bayern Munich, and I think Arsenal will beat Paris Saint-Germain.

'I'm looking at the Champions League thinking who could stop City – and I'm thinking probably Arsenal. If they met each other, we know that City would be massive favourites,' he added.

Arsenal have been knocked out at the competition's current stage on the last seven occasions