Manchester City boss Pep Guardiola has taken a swipe at former Arsenal manager Arsene Wenger.

Guardiola was speaking after it was announced that his club's appeal against a two-year European ban for breaching Financial Fair Play rules had been successful.

"We have a lot of money, but we wanted Alexis Sanchez and we could not afford it," Guardiola said. "We wanted Harry Maguire and we could not afford it. We could not pay like United paid.

"So we have money, but the other clubs have money too. We spend in the last decade more than we did in the past, yes, but 20, 25, 30 years ago, Arsene Wenger — the guy who defends perfectly Financial Fair Play… so Arsene, you know that Manchester City was correct with what we have done — spent a lot of money to be there.

"United with Sir Alex Ferguson spent a lot of money to be there. All the clubs, if you want to be on top, all the clubs (spend); if you don't, it's more difficult."