Lampard and the club agreed on a move which will keep the 36 year old at the Etihad until mid January before New York City begin MLS season in March.
considers it unfair that Man City would have to draft players from its partner clubs around the World to feed its team, having been slammed with a two years Financial Fair Play sanction not exceeding £49m.
Man City bought New York City for 100m dollars, just as they co-own an American Baseball club, Melbourne City and a Japanese club.
Since the Etihad club cannot sign any new player this season, Wenger thinks Lampard's move may be a way to circumvent the Fair Play rules.
Lampard could face Wenger's side at the Community Shield next Sunday and 64 year-old Wenger added:
He defended Arsenal's interest, whimsically saying that the club dose not have the money to buy other clubs: