Spanish La Liga president, Javier Tebas, believes oil-sponsored teams like Manchester City and Paris Saint-Germain are a danger to football.
Javier Tebas, president of the Spanish La Liga competition, doesn’t like state-sponsored teams like Manchester City and Paris Saint-Germain.
He has repeatedly said these kinds of teams are a danger to football.
“The governors of European football need to show a much stronger commitment to healthy domestic football,” Tebas told The Totally Football Show.
“This would include stricter financial controls that limit state clubs like Manchester City or PSG from vastly outspending their rivals and it would also include much firmer Financial Fair Play penalties, which have been a very weak deterrent up to this point.”
“A state-run club would be totally against our financial rules in Spain,” he added.
“Any investor that wants to come into La Liga has to agree to our financial controls and we would not allow any investor that would create the debt or inflate the market.”
“We would not allow it to happen,” he said.
“Barcelona and Real Madrid have never received state support and have always been run in a financially responsible way.”
Tebas explained: “Big clubs have always existed across Europe and it is true they can create distortion if there are no financial controls in place.”
“In the case of Spain, we have spent the past years reducing levels of debt to historic lows and we do not want our biggest clubs to have more money if others do not.”
“However, the state clubs are a new phenomenon and present a danger that football has not seen before. They are operating entirely outside of the rules and risk inflating markets to disastrous levels through their financial doping,” he concluded.