La Liga president slams City and PSG over “ludicrous” spending: “The damage is massive for European football”
21 May 2019
Javier Tebas, president of La Liga, has made striking comments towards Manchester City and PSG about the clubs’ massive transfer investments.
According to Tebas, City and PSG cause inflation of the market, which puts pressure on other clubs.
Speaking at the Financial Times' Business of Football summit, Javier Tebas, the president of La Liga, claimed that the ownership model of Manchester City and Paris Saint-Germain causes an imbalance in football and has led the sport to be stretched to its economic limits.
“The damage is massive for European football. They are inflating the market to the extent other clubs have to spend ludicrous money to keep their main players. Juventus, Real Madrid, Bayern Munich...they need to make prices higher so state funded clubs don't snatch players,” Tebas said.