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Arsenal boss Wenger: UEFA financial laws work in our favour

Arsenal boss Arsene Wenger believes UEFA's new financial rules will work to their advantage.

The financial fair play laws will require clubs to break even over a rolling three-year period if they want to compete in the Champions League or Europa League. Wenger insists that his club would be major beneficiaries of the new rules.

"It will be a massive advantage to Arsenal Football Club as soon as it's applied if it's well introduced," he told arsenal.com.

"I don't want to go into excuses but you want a business to be run properly and I believe that to lose £150 million a year you don't deserve a lot of credit to win a competition.

"[Meanwhile] we have balanced our books.

"Maybe some people think it's right because they don't care but if they had to run a business I don't think it's right."

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