Arsene Wenger added that a successful season with Arsenal can only help drive their World Cup hopefuls on to success in Brazil.
Jack Wilshere, Kieran Gibbs, Theo Walcott, Alex Oxlade-Chamberlain and even full-back Carl Jenkinson are all in contention to make Roy Hodgson's England squad for next summer's tournament.
Arsene Wenger said: "You do what is right for the club. If the players can do well at both levels that is even better. I remember 1998, (Patrick) Vieira and (Emmanuel) Petit had an outstanding season here and they won the World Cup after (with France), so the positives of one go into the other.
"When England fly over there, you will not write on the plane 'you cannot win it'. They are not favourites, but it is a very open competition and to me it looks like once you are in the quarter-final, you cannot rule them out."
Jack Wilshere's ankle injury means he will have to be carefully managed if he is to make it through the season. However, Arsenal manager, Arsene Wenger added he had been assured by the club's medical staff that there was no long-term issue.
Wilshere has been playing with the injury and is fit to face Southampton on Saturday after coming through the international break unscathed. Arsene Wenger said:
"We play 60 games per year and Jack will certainly have to be managed - unless his pains go completely, then he will be used when needed. If there is an alert on his ankles, we will of course take advice from the medical department and use him when he can really be used."