Spanish La Liga president Javier Tebas will lodge a complaint with UEFA over Premier League transfers. English clubs spent €2 billion 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. In Spain there is very good financial control. Something is not right, what is going on? There are a lot of checks coming from clubs like Manchester City, attracting certain number of players. Even the Championship lost €3 billion over a 5-year period. Clubs raise capital through their owners to make up for losses compared to La Liga. La Liga has €277 million in capital raising. The Premier League has 2.376 billion and in the Championship 1.385 billion. It would be normal for them to bring in twice as many players but they are taking even more than that. This can only happen if the owners get their check books out. We can also leave sheikhs and big companies to buy clubs,” Tebas said.
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The boss’s opinion
He also said that La Liga and the Bundesliga are the most financially stable leagues.
“The industry has changed, there is much more money. If there is no control, we risk endangering European football. The most stable championships are La Liga and the Bundesliga. 10 years ago we were not 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 also said.