The Gunners were lining up an ambitious bid for the Real Madrid striker but had been prepared to delay their move until the closing stages of the transfer window.
There is now a growing acceptance that Benzema is staying put in the Spanish capital but Giroud admits his fellow France international would have been a strong addition to Arsene Wenger’s side.
“The coach [Wenger] knows very well what he is doing, and sometimes you should not buy just to buy, and sometimes there are not players out there that you need, who are available,” Giroud told beIN Sports.
“We have a very good squad, with quality, and I am sure that with this squad we can go very far. But it would have been good if Karim had signed too.”
Giroud also maintains that he never had plans to leave Arsenal during the summer window.
“I would have been surprised if you had read a lot of things about my possibly leaving the club, because that was never on the table,” said the 28-year-old.
“Now, I am very good here, I say it, I repeat it. It is true that every year here there is speculation about a new striker signing.
“There were seasons when we signed [Alexis] Sanchez and [Danny] Welbeck, others when we were talking about [Luis] Suarez. It is obvious that in a club, a team, where a lot is expected, we need several good attackers and I understand that the fans want that we spend more money.”
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