Former FA chief Ian Watmore is against talk of Premier League clubs setting up feeder teams.
Watmore believes UEFA will be 'all over clubs like a rash' that aim to avoid Financial Fair Play regulations by loaning top stars from overseas satellite outfits to cut transfer fees.
"You've got to be careful of clubs negotiating the constraints of top European competition, and I'm sure UEFA will be all over clubs like a rash," Watmore told Press Association Sport.
"The governing bodies need to monitor this very carefully, because you do not want people bypassing European rules by doing deals elsewhere then loaning players back.
"There have been half attempts at this over the years with clubs in Belgium and the Udinese model with Watford.
"We should be able to use the wealth of that Premier League locally - not to try to dislodge the likes of Thierry Henry, who lift the standard, but the bog-standard average imports that we can do without.
"The real cream of English football still rises, but where we lack is strength in depth, and that's been squeezed out.
"And that's the area where we should be using our money to strengthen, not spending it abroad."
