Juande Ramos was keen to bring Arshavin from Zenit St Petersburg to Spurs, but the two clubs failed to agree a fee for the forward.
“I was not against a move to Tottenham. If it was down to just me to reach an agreement, the move could have taken place,” he explained in the Daily Mail.
“It could have been so different if Tottenham had been able to agree a fee with Zenit.”