By Chris Harris

Arsène Wenger fears that English clubs may need TWO teams if the Premier League rejects UEFA’s new financial rules.

Back in May, the governing body approved plans to force clubs in European competition to spend only what they earn. Specifically, the financial fair play rules will require clubs to break even over a rolling three-year period if they want to compete in the Champions League or Europa League.

In theory that would put Arsenal on a very sound footing given their self-sustainable business model while rivals like Manchester City would have to rein in their spending.

But Wenger fears that the Premier League may choose a different path – leaving top-flight clubs with a quandary.

“If UEFA brings the rules in, these rules then give a problem to the Premier League,” said Wenger.

“Will they accept them or continue with their own rules? I think they will not accept and teams will have a double problem – one team for England and one for Europe.

“Nobody knows yet what the rules will exactly be and anyway you will have to have a period of adaptation because players who are under contract now cannot go from one situation to another.

“You have to have an adaptation period to allow the clubs to adapt to the new rules. That is not for tomorrow.”

Copyright 2014 The Arsenal Football Club plc. Permission to use quotations from this article is granted subject to appropriate credit being given to www.arsenal.com as the source 22 Oct 2010