Chronicle EditorMADRID. — The Spanish football league (LFP) has asked for Manchester City to be investigated under Financial Fair Play (FFP) rules and backed Uefa’s decision to look into Paris St Germain’s huge recent spending spree.
The LFP called for European soccer’s ruling body to look into the two clubs’ finances after they each splashed out over 200 million pounds in the last transfer window.
“PSG and Man City’s funding by state-aid distorts European competitions and creates an inflationary spiral that is irreparably harming the football industry,” LFP president Javier Tebas said in a statement yesterday.
PSG have been owned by the Qatar Sports Investment fund since 2011 and City were bought by The Abu Dhabi United Group in 2008. — Reuters.
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