Thierry Henry has reacted angrily to his comments about Arsenal's transfer policy being misunderstood following the side's Champions League departure.
"I never said we need to spend big or blamed anyone for the Champions League exit," said Henry.
"I was asked is it true we have over-achieved, and I said we have over-achieved because we have not spent as much as Tottenham or Birmingham.
"That's just a fact, it's not about blaming, that was my only answer."
He added: "You twist what I said, I said you should ask the boss about
that."
Though Henry's goal gave Arsenal a 1-0 win in Wednesday's second leg at Highbury, Arsenal went out 3-2 on aggregate.
Arsenal boss Arsene Wenger has been guaranteed a significant transfer funds to boost his squad in the summer.
And the club's managing director, Keith Edelman, has stressed that the development of their new £350m stadium at Ashburton Grove had no effect on Wenger's spending power.
"Last year we did something brilliant, so no-one noticed that no-one new came. But this season we've been missing some people in the starting line-up," said Henry after the second leg against Bayern at Highbury on Wednesday.
"It has shown in our results that we have missed them. But the only people you can put those questions to are the board."