The Arsenal coach had been a big proponent of UEFA's rules to clamp down on reckless spending, but believes they have been overpowered by the market.
Arsene Wenger has changed his mind on UEFA's Financial Fair Play (FFP) rules because he feels they have become unenforceable.
A year after Manchester United paid a world-record fee for Paul Pogba, the total has been topped three times with the transfers of Neymar and Kylian Mbappe to Paris Saint-Germain and Ousmane Dembele to Barcelona in a summer of many big-money moves.
The lavish fees PSG paid prompted immense criticism from figures across the game and UEFA has confirmed an investigation will be opened, though the French club insist they have not breached FFP regulations.