ARSENAL manager Arsene Wenger could easily spend millions like Manchester City boss Roberto Mancini, but maintains each approach to winning the Premier League has it “own problems”.

Sheikh Mansour has bankrolled a spending spree at Eastlands as the Blues look to shift the power balance of European football.

While the investment may have seen City post record losses of £121.3m, it appears to be paying off on the pitch as Mancini’s men currently just two points behind leaders Chelsea, three ahead of Arsenal.

Wenger has long championed the development of youth, preferring to mould a world-class talent like Cesc Fabregas rather than simply just going out and buying it.

The Arsenal manager accepts each philosophy has its own obstacles.

“I am happy where I am and I work in the way I work,’’ said Wenger.

‘‘I could do it [spend millions] as well, but Mancini has his own problems and I have my problems.

“I am quite happy with my problems, because I have enough.

“It is a different way – we have advantages as well to clubs who have less resources than us, Coventry to Arsenal is less resources, so we have to accept that.”

Wenger continued: “City now will be one of the contenders because they are not at the end of an investment cycle, it looks like they are at the start of it.

“In our own way, we are at the start of a cycle. That’s what is good in football.

Every club can work with his own rules.”