Spanish football league’s chief Javier Tebas is on a mission to ensure English clubs stop spending insane amounts of money that are “putting sustainable European football in danger”.Tebas has long rallied against the financial might of state-backed clubs like Manchester City and PSG. Earlier this year, he protested Manchester City’s $63 million purchase of Erling Haaland, saying that City and PSG are bending and breaking UEFA’s financial rules, destabilising the market and disturbing the competitive balance of the game. Tebas said that “allowing these operations is more dangerous than the European Super League.” Now he’s in action again, citing the English club’s losses as a significant threat.##NAJAVA_MECA_6633075##Premier League clubs spent around $2.23 billion in the recently-closed transfer window, breaking the previous mark of $1.62 billion, set in 2017. Put another way, the 20 English top-flight clubs spent more than all clubs in Spain’s LaLiga, Italy’s Serie A and Germany’s Bundesliga combined. “Premier League revenues are 1.8 times more than La Liga or Bundesliga, but the losses of their clubs are way more than 1.8 times higher than ours. The football industry has changed, and there’s much more money. If there’s no control, then we could endanger the industry itself. The two most sustainable competitions are La Liga and the Bundesliga, and we have to fight for sustainability.”In the last transfer window, Barcelona was the only Spanish outfit to feature in the top 20 list of highest-spending clubs, but the strict Financial Fair Play rules of LaLiga have proven costly. To comply with Tebas’ restrictions, Barca were forced into selling several merchandising assets to balance the books and sign all seven of the signings they made in the past transfer window.The La liga president Javier Tebas to report premier league clubs to UEFA for causing transfer inflation. The premier league clubs had a total Summer transfer window spent of over £2billion compare to la liga £404Million, but the English side net spend was £1352M compared to pic.twitter.com/Q9YdHNLUBF— Temitope (@IamTopsy4real) September 10, 2022 La Liga introduced a system of strict spending restrictions in 2013, which it says increases the competitive balance of the Spanish league and encourages clubs to adopt longer-term approaches to spending.Tebas has also objected to Paris Saint-Germain giving a lavish new contract to Kylian Mbappe despite recording a $240 million loss in 2020/21. But Tebas’ complaints were rejected by UEFA. We’re not overly confident about this latest Spanish mutiny. The English clubs will continue to throw money at new players for as long as they can.
