"Football, like many things in life, goes in cycles. We are in a period where, for a number of years, the English league has been the best and, truthfully, looks like remaining so," he told British media.
"Every time we do a TV deal you ask have we reached a peak? But the answer is 'no, not yet'. My concern is less about how long that is going to last because I think it will last for at least another five years or more."
With the Premier League's 5.14 billion pound domestic television rights deal kicking in this season, Scholes felt top-flight safety remained the priority for the Potters.
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"Of more concern is that we have been in the Premier League for nine years, but all clubs outside the big six arguably have half-an-eye on what if things don't work out and what if we go down? You have to have a contingency plan in place," he added.
"That's the bigger concern because there's a huge financial gap between the Premier League and the Championship."
Stoke, who are 12th in the table, host 13th-placed Bournemouth on Nov. 19.
(Reporting by Shravanth Vijayakumar in Bengaluru; Editing by John O'Brien)
