"France are artificially inflating the transfer market. Idon't think it's sustainable, but they have benefactors with deep pockets,"Moffett told BBC TV.
"I will make my concerns known to the French Union, but I'mnot sure if they can do anything to stop it."
Stephen Jones, Gareth Thomas and Shane Williams are targets forFrench clubs.
Moffett has fears about what the financial domination of Franceand England in the northern hemisphere will do to the game. "It could end up like football's Premiership, where only twoor three teams can compete," he said.
"They don't have any salary caps and seem to be a law untothemselves. Ultimately it will affect the world game. England and Franceare cash rich and real rugby powerhouses, but it won't do them much good if theyhave no-one to play."
Llanelli Scarlets chief executive Stuart Gallacher believes he islikely to lose outside-half Stephen Jones to English or French clubs. "He has been offered double his current salary by teams fromboth those countries, and we simply can't compete," Gallacher said.
And he said Gareth Thomas was tempted by the idea of playing fora team like Toulouse.
AFP - 2004.