The Spaniard told the FT Business of Football Summit: “The City case is one where we believe they have put the losses on the companies that are not officially part of City Football Group.
Tebas added that LaLiga believed City’s Abu Dhabi owners had used their wealth to illegally bolster the club’s competitive position.
“If you have these high expenses and the companies lose money eventually City will lose money.
Tebas’ claims brought an angry reaction from City, who privately dismissed any allegations as without foundation and could even bring legal action.
Outspoken Tebas stunned an audience in London as he claimed the Etihad outfit had hidden losses that would have impacted their financial fair play status by hiding them in related Abu Dhabi-owned companies.
