After a truly horrific display against Olympiacos on Tuesday in which we lost 3-2, Arsene Wenger has insisted that Arsenal are still very much in with a chance of progressing to the knock-out stages.

Of course Wenger has to remain positive, even after a loss, but I fail to see what exactly he can defend in that match. There is nothing about that display that fills anyone with confidence. Despite that, Wenger said post-match that he reckons we’re still in it.

“We are still in it,” he said. “We have to think that we can deal with Zagreb and Olympiacos but we are not out of it.”

Arsenal's French manager Arsene Wenger (R) and assistant manager Steve Bould (L) reacts
Arsenal’s French manager Arsene Wenger (R) and assistant manager Steve Bould (L) reacts as they watch the action from the dug out during the UEFA Champions League Group F football match between Arsenal and Olympiakos at The Emirates Stadium in north London on September 29, 2015. AFP PHOTO / GLYN KIRK (Photo credit should read GLYN KIRK/AFP/Getty Images)

Technically we are in it. Statistically at least. However, as we sit stone bonkers last in our table with Bayern Munich still to play, it’s not looking good.

Although I understand the boss’s need to perk up the players and stand by his game plan, sometimes, you just need to admit you got something wrong. We weren’t ever comfortable in the game against a team from the Greek league and the fact we didn’t learn our lesson from the Dinamo Zagreb loss is worrying.