Summary
Kondogbia opens scoring with deflected strike
Former Spurs man Berbatov finishes swift break
Oxlade-Chamberlain gives hope with long-range strike close to FT
But Ferreira-Carrasco then strikes in injury-time - after another Monaco counter attack
Get involved: What do you think of Arsenal's performance?
Live Reporting
Gary Rose
Postpublished at 18:39 Greenwich Mean Time 25 February 2015
Postpublished at 18:39 Greenwich Mean Time 25 February 2015
18:39 GMT 25 February 2015Phil McNulty
BBC Sport chief football writer at Emirates"Arsenal manager Arsene Wenger does not exactly subscribe to the theory that they have finally landed some overdue Champions League luck by drawing his former club Monaco in the last 16.
"The Gunners may have avoided the superpowers but Wenger calls this "a 50-50 game" and there is real resilience about Monaco, who have lost only one of their last 17 games and possess the languid skills of former Spurs and Manchester United striker Dimitar Berbatov.
"Berbatov's best days may be behind him but the sort of gifts he possesses endure and Arsenal will be wary of the Bulgarian on his return to north London."
Be wary of the reptilepublished at 18:36 Greenwich Mean Time 25 February 2015
18:36 GMT 25 February 2015When Arsenal drew Monaco in the last-16 draw, it was largely seen as an easy tie for the Gunners, who avoided facing the likes of Barcelona, Real Madrid and Bayern Munich in the first round of knockout games.
However, they have enough about them to suggest that Arsenal should be wary, with the French side heading into the game on the back of their 1-0 derby win at Nice on Friday, which extends their recent record to just one defeat in their last 17 matches in all competitions.
"Easy is a word that you have to ban in the Champions League," says Wenger. "They are efficient and physically powerful. That helps them to stay in matches when they are under pressure. Monaco are like a reptile. They will wait for us and absorb the game ready to kill us."
Join the debate at #bbcfootballpublished at 18:34 Greenwich Mean Time 25 February 2015
18:34 GMT 25 February 2015Alex Watson: I'll be watching the Arsenal game in a bar in Bulgaria tonight. Expecting massive support for Berbatov, but not much else.
James Chesson: Arsenal can win the Champions League, but it will require a decent amount of luck and a miraculously low number of injuries.
Miko Beng: If Arsenal play like the way they did against Manchester City they will go far. They do have a fantastic squad.
Get in touch using #bbcfootball, external, pop on to the BBC Sport Facebook page, external or Google+ area., external You can also text us on 81111 in the UK only - don't forget to say who you are and where you are texting from.
Get votingpublished at 18:34 Greenwich Mean Time 25 February 2015
18:34 GMT 25 February 2015Arsene Wenger says he is focused on guiding Arsenal to the Champions League quarter-finals for the first time since 2010, but can he do it?
You can vote now on the right side of this page, or for mobile and app users, click on the necessary tab. Check terms and conditions.
Cut out and keeppublished at 18:30 Greenwich Mean Time 25 February 2015
18:30 GMT 25 February 2015How are Arsenal marking the Arsene Wenger connection between themselves and Monaco? With a cut out of the man himself in the matchday programme, naturally.
A removable coat, replete with tricky zip, would have just topped it off...
On 5 live tonightpublished at 18:27 Greenwich Mean Time 25 February 2015
18:27 GMT 25 February 2015BBC Radio 5 live
Coming up at 19:00 GMT, Gabby Logan presents sports news and build-up to Arsenal v Monaco in the Champions League before full match commentary gets under at 19:45 GMT in the company of Ian Dennis and one-time Arsenal centre-back Martin Keown.
Then, at 21:40, it is 5 live Football Social - your calls and social media reaction following the night's action. Contact the show by calling 0500 909 693, texting 85058 (both UK-only) or on social media., external
Master versus the rookiepublished at 18:26 Greenwich Mean Time 25 February 2015
18:26 GMT 25 February 2015He's been a manager how long??published at 18:24 Greenwich Mean Time 25 February 2015
18:24 GMT 25 February 2015Just to highlight how long Arsene Wenger has been in the management game, part of Monaco's title-winning side under Arsene Wenger back in 1988 were these two chaps - Glenn Hoddle and Mark Hateley.
They are now 57 and 53 respectively...
Join the debate at #bbcfootballpublished at 18:23 Greenwich Mean Time 25 February 2015
18:23 GMT 25 February 2015Top Gooner:, external Arsenal can win the Champions League if the squad performs to its capabilities, but it's unlikely with Real Madrid and Bayern.
Ankur Goel:, external Arsenal could actually surprise everyone, including themselves, by winning this year's Champions League!
Get in touch using #bbcfootball, external, pop on to the BBC Sport Facebook page, external or Google+ area., external You can also text us on 81111 in the UK only - don't forget to say who you are and where you are texting from.
Wenger's long-term visionpublished at 18:21 Greenwich Mean Time 25 February 2015
18:21 GMT 25 February 2015What was the Arsene Wenger who managed Monaco like, then?
At Arsenal, he has long been an advocate of the club developing its own players and it was the same at Monaco, where the likes of Lilian Thuram, Emmanuel Petit, George Weah, Youri Djorkaeff and the chap at the top of this entry with the magnificent barnet - Thierry Henry - all came through during his tenure.
"With Arsene it was always the long-term picture on players," says Jurgen Klinsmann, who played for Monaco from 1992-94.
"Wenger used to leave out Djorkaeff and say 'he has to learn to live the right life off the field'. It paid off. The kid learned his lesson and a couple of years later won the World Cup with France. I understood his vision was always long-term."
Arsenal a 'surprise package'published at 18:17 Greenwich Mean Time 25 February 2015
18:17 GMT 25 February 2015Former Arsenal defender Martin Keown believes the Gunners could be a "surprise package" in this season's Champions League.
Speaking on Focus Forum, Keown said: "It is a proud night for Arsene Wenger, they will come over and see what he has achieved. It is a dream draw for Arsenal, they have had terrible draws over the years and I feel this squad is starting to come together.
"I think they could be a surprise package and I think they get through this one."
Join the debate at #bbcfootballpublished at 18:13 Greenwich Mean Time 25 February 2015
18:13 GMT 25 February 2015Arsenal are Champions League knockout stage regulars, having reached this stage of the competition in each of the last 15 seasons but they have fallen at the last-16 hurdle every year since 2010.
However, given their impressive group-stage form, coupled with their strong domestic run since the turn of the year, are they genuine contenders this time?
If not which British side do you think will be the last team standing in the competition?
Let us know via #bbcfootball,, external text in on 81111 or have your say on the BBC Sport, external and Google+, external pages.
Postpublished at 18:11 Greenwich Mean Time 25 February 2015
18:11 GMT 25 February 2015An emotional game then. Does Arsene Wenger get emotional?
The Frenchman may claim to have his focus solely on guiding Arsenal into the Champions League quarter-finals but, given that he has spent 25 of his 65 years at the two clubs, the visit of the side he honed his managerial skills at will surely stir some emotional feelings.
"At the draw I said to myself: 'Bizarre'. But I just told myself that my life had been made there, between these two clubs," he says. "The nostalgia of the young man that I was is going to meet the man that I am but it is match with huge consequences - the professional side of me will take over from everything else."
Torres debut?published at 18:09 Greenwich Mean Time 25 February 2015
18:09 GMT 25 February 2015Also in action tonight are last year's Champions League finalists as Atletico Madrid take on Bayer Leverkusen in Germany.
Diego Simeone's side will fancy their chances of returning to Spain with a positive result, having lost just one away game in the competition since September 2013.
The fixture could also mark a Champions League debut for Fernando Torres at his boyhood club. Will the former Liverpool and Chelsea striker add to his three goals for Atletico?
Find out by following our dedicated live coverage of that game, which will get under way at 19:30 GMT.
Old friendpublished at 18:06 Greenwich Mean Time 25 February 2015
18:06 GMT 25 February 2015Postpublished at 18:04 Greenwich Mean Time 25 February 2015
18:04 GMT 25 February 2015Hello! After defeat for Manchester City against Barcelona last night and Chelsea's draw at Paris St-Germain last week, it is over to Arsenal to get Premier League sides up and running in the Champions League knockout stage tonight.
The Gunners host Monaco in their Champions League last-16 first-leg tie looking to secure a result that will boost their chances of reaching the quarter-finals for the first time in five years.
But this is much more than just another fixture for Arsenal boss Arsene Wenger because, for the first time in his 32-year managerial career, he comes up against a former club in a competitive fixture, and one that holds a special place in his heart.
It's going to be emotional...
Renewing acquaintancespublished at 17:24 Greenwich Mean Time 25 February 2015
17:24 GMT 25 February 2015Twenty-seven years ago, a 38-year-old Arsene Wenger won the Ligue 1 title with Monaco - his first piece of silverware as a manager...
...sixteen trophies have followed, including three Premier League titles and five FA Cups with Arsenal...
...one significant trophy remains absent from Wenger's, and Arsenal's, cabinet - the Champions League...
...can he move a step closer to a first-ever European title with victory against his former side tonight?