Wenger: UEFA financial fair play doomed to fail

ARSENAL manager Arsene Wenger fears UEFA will not be able to force through new financial fair play regulations.

Europe’s governing body are due to implement the system for the 2013-14 season, which will give them the right to ban teams from Champions League or Europa League participation if they continue to spend more than they earn over a rolling three-year period.

The likes of Manchester City and Paris St Germain have risen to the top of their respective domestic leagues on the back of the vast wealth of their Middle Eastern owners.