"People do feel panic but it is down to every club to make the right decision," said Wenger.
"At the beginning of the season a club has a football target and a financial target. When you accept that kind of target you have to accept the consequences.
"For a club like Reading if you balance your budget, you know you can go down or stay in the league.
"Last year they did beyond expectations and this year I think they will do it again and stay in the league.
"And if he (Coppell) can keep Reading in the Premier League for 10 years then he will be the manager there."