Spanish La Liga president Javier Tebas will lodge a complaint with UEFA over Premier League transfers. English clubs spent €2bn on new players in the summer – more than La Liga, Serie A and the Bundesliga combined. According to Tebas, this leads to inflation in transfers and threatens European football, writes the Telegraph.
“The Premier League earns 1.8 times more than La Liga or the Bundesliga, but spends 20 times more. There is very good financial control in Spain. Something’s not right, what’s going on? There are a lot of checks coming in from clubs like Manchester City, bringing in a certain number of players. Even the Championship lost 3 billion euros over a period of 5 years. Clubs raise capital through their owners to offset losses compared to La Liga. La Liga has €277m of capital raising. In the Premier League it is 2.376 billion and in the Championship – 1.385 billion. It would be normal for them to attract twice as many players, but they take even more than that. This can only happen if the owners get out their checkbooks. We can also let sheikhs and big companies buy clubs,” Tebas said.
He also said that La Liga and the Bundesliga are the most financially stable leagues.
“The industry has changed, there’s a lot more money. If there is no control, we risk jeopardizing European football. The most stable championships are La Liga and the Bundesliga. 10 years ago we weren’t like the Bundesliga, but now we are. We will raise the issue with UEFA because it is important to have stability in European football,” Tebas said.
LaLiga president to report Premier League to UEFA over ‘transfer inflation’ and ‘unsustainable spending’
— Standard Sport (@standardsport) September 9, 2022