The current president of La Liga, Javier Tebas accused Manchester City and PSG of violation of financial fair play regulations. He made the accusation at the SoccerEx Convention in Manchester on Wednesday, accusing the Abu Dhabi and Qatar-backed clubs of gaining an unfair financial advantage.
He was quoted as saying “Recently, Manchester City and Paris Saint-German, before that Chelsea, they have money that has not been created by them and have been able to get an advantage through this.
“Manchester City with all this oil money will take all these players and we need to protect ourselves. These past few years Manchester City have paid out nearly a thousand million on players, PSG £950m.”
His comments were made after an official complaint was sent to UEFA from La Liga on August 22, calling for an investigation into both clubs for “violation of financial fair play regulations”.
UEFA has since opened a case into PSG in the wake of their record-breaking moves for Neymar and Kylian Mbappe, but the governing body made it clear this week there is “no investigation into Manchester City”.
Manchester City threatened to sue, when they released a statement on Wednesday, “We note the public comments made by Mr. Tebas today and earlier this week.
“UEFA’s statement of the 4th of September is clear and based on accurate information. By contrast, Mr. Tebas’ statements are ill-informed and in parts pure fiction.
“As you would expect, Manchester City Football Club and the City Football Group are seeking appropriate legal counsel and will act accordingly on that advice.”