ALKMAAR, NETHERLANDS - Arsenal were forced to settle for a 1-1 draw against AZ Alkmaar in Tuesday's Champions League clash as the Dutch champions snatched a last-gasp equaliser.

Arsene Wenger's side were within seconds of securing their third successive Group H victory after Cesc Fabregas's first half goal.

But David Mendes Da Silva punished the Gunners for a lacklustre second half display when he struck deep into stoppage time at the DSB Stadium.

Wenger had already claimed he wouldn't pause to celebrate his 60th birthday on Thursday and the French coach has even less reason to break out the party hats now.

The north Londoners are still firmly on course for the knockout stages, but they have more work to do before they can be sure of finishing as group winners.

Wenger said: "It is frustrating because we felt superior to this team and had a good performance but couldn't take advantage of our chances.

"In the final minutes we got caught. That is the Champions League. We need focus for 93 minutes. We made one mistake and we paid for it.

"It looked like we could have had a clear penalty at the end but it will be interesting to see it again (on television)."

Wenger once again opted to keep faith with young Italian goalkeeper Vito Mannone ahead of Manuel Almunia, but the Gunners boss was without injured wingers Theo Walcott and Tomas Rosicky.

Although AZ boasted an impressive European home record of just one defeat in 34 home matches, Arsenal arrived in Holland on a high after seven successive wins in all competitions.

In stark contrast, Ronald Koeman's Dutch champions, who had taken just one point from their first two group matches, were reeling from the news that the club's owner Dirk Scheringa had been declared bankrupt on Monday.

The former Dutch international great, though, was full of praise for how his side had reacted to that news.

"The guys showed great spirit," said Koeman.

"The last minute equaliser is a real relief.

"Up to Arsenal's goal we were the better side. It was a little bit different after that but this point is one for the character of the players."

Koeman could take heart from a famous Champions League win over Arsenal when he was in charge at PSV Eindhoven two years ago.

But it was Arsenal who made the early running. Robin van Persie had scored five goals in his previous six games and should have added to that tally in the ninth minute from Abou Diaby's cross.

Van Persie's finish didn't match the quality of the incisive attack though and he shot straight at Argentine goalkeeper Sergio Romero.

AZ created their first threat when Moussa Dembele fed Mounir El Hamdaoui on the edge of the Arsenal penalty area, but his shot didn't test Mannone. After a period of stalemate as both sides struggled to find their rhythm, Arsenal were gifted the lead in the 36th minute.

Niklas Moisander's careless control allowed Andrey Arshavin to play in van Persie down the left side of AZ's penalty area. Van Persie picked out Fabregas and the Arsenal captain dispatched a cool strike past Romero for his fifth goal of the season.

Van Persie forced Romero to make a fine save from a low free-kick but AZ gradually began to realise there was little to fear from Arsenal in this mood and they poured forward in the closing stages.

Arsenal were made to pay for their lethargic performance in the third minute of stoppage time.

Their defence stood statuesque as Graziano Pelle flicked on a high ball towards Da Silva, who was perfectly placed to lash a volley past Mannone and end Arsenal's winning run.