Arsenal are one of six English clubs to have initially signed up to the project, which has been met by intense criticism from everyone involved in football.
According to Wenger, the plan was doomed from the start.
"I'm not surprised it didn't last long," Wenger told beIN Sports.
"I never believed from the start it would happen.
"It ignored the basic principles of sporting merit. If you ignore that you kill the domestic leagues, fans would never accept that. Rightly so."