The third-placed Gunners have a six-point advantage over their north London rivals, but Spurs have let a number of points slip against sides in the lower half of the table.

Redknapp's side have dropped points at home to Stoke City, Wolverhampton Wanderers and Hull City this season and missed a golden chance to win at Everton, then the draw against Aston Villa at the weekend allowed Liverpool to creep back into the Barclays Premier League top four.

"In all honesty we've thrown a lot of good leads away and we really should be above Arsenal now," said Redknapp.

Reaching the Champions League would realise Redknapp's dream of coaching in the top club competition in Europe.

points away

"It would be lovely to manage in the Champions League," he said. "Just to get Tottenham there would be lovely. It is something I would love to do.

"From where we were last season to a Champions League position would be great.

"It would be a good achievement and we have a chance. At the start of the season we would have taken where we are now - still in the cup and pushing for a Champions League place.

"We couldn't have asked for more than that at the start of the year but we have thrown some points away.

"Everyone can do it but we really have. Stoke in the last minute, Hull, Wolves at home, 2-0 up at Everton with 10 minutes to go, Birmingham away, a couple of points here and there."