The FFP is designed to prevent clubs overspending but it hasn’t stopped Madrid making a bid of almost £100million for Tottenham Hotspur winger Bale.
The Gunners on the other hand are yet to spend any real money this summer despite lodging bids for the likes of Gonzalo Higuain and Luis Suarez.
Spurs have added three big name players to their squad and will be set to spend the majority of their Bale money improving their squad further to beat Arsenal to the Champions League places.
Wenger feels the money flying around in football is completely crazy although he wants Bale to stay at Spurs.
“It makes a joke of it. It’s quite amazing that in the year where the Financial Fair Play comes in, the football world has gone completely crazy,” said the Arsenal manager.
“You wonder what kind of impact and effect it has on the football world. It looks like it has made everybody worse than before.
“It is never good to lose a big player.
“He is a British player and I believe it is important that the Premier League keeps the best players.”
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