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Arsenal boss Wenger says football spending is out of control

Arsenal boss Arsene Wenger feels football's spending is out of control. Wenger believes many transfers are now being blown out of proportion by players' salaries rising.

He said: "If we get that amount of money from sponsors it is not charity, it is because the sponsors feel that we act in the right way and with the right values. They reward that.

"Afterwards it is down to us to spend the money in the right way.

"There are two aspects to any deal; one is the transfer [fee] and the other is the wages.

"The transfers for these kinds of players are not at £30million today, they are at £50million or £60million and what has gone through the roof is the wages of these players.

"That is why people plead for financial fair play. Some clubs even pleaded that the new television money (for Premier League clubs) should not be used to increase wages because it gives huge problems to everybody."

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