Former Chelsea boss Carlo Ancelotti has gone on to blast the owners of Manchester United and Arsenal for being more concerned with finances rather than honours.

The Premier League has proven to be a huge money spinner for a host of English clubs and the owners most certainly look to take advantage of the ridiculous amounts being bandied about in the English game today.

United (the Glazer family) and Arsenal (majority owner Stan Kroenke) are arguably the two sides who have managed to profit the most from the huge influx of cash and now former Chelsea boss Carlo Ancelotti has gone on to criticise the American owners of the two giants for being more concerned with finances rather than trophies in recent times.

Bayern Munich boss Ancelotti said: "I was fortunate to be able to coach Real Madrid, although then the club decided to change managers. That is part of the job, we are exposed to that.

"In the big clubs it is difficult to stay a long time because the expectations of results are so high. Madrid's history and demands mean that if a coach doesn't win trophies, a change is made. You have to respect that.

"It's true that there are other clubs like Manchester United, where [Alex] Ferguson was there many years, and now Wenger at Arsenal.

"These cases are different, as their owners are from the US and they are more interested in the financial aspect than in who is coach."