Leeds came to within a whisker of providing another FA Cup upset as Cesc Fabregas's last-minute penalty rescued Arsenal at the Emirates, but Grayson was quick to salute the Frenchman and his Gunners after Saturday's 1-1 third-round draw.
Grayson said: "We shook hands before the game and straight after as well. He keeps himself to himself, but he said well done, you accept that and we go again in 10 days time.
"He's one of the best managers and coaches in the world and has been for many years.
"He has a fantastic football club and has laid all the foundations for his club to be successful over the next 20 or 50 years.
"He's someone to look up to because I want to play the passing game in a good manner and there's no better team than Arsenal on their day."
Source: PA