During a talk at the FT Business of Football Summit, La Liga chief Javier Tebas alleged that Manchester City had used a network of "extra companies" to manipulate their financial standing. According to Tebas, this practice allows the club to avoid the negative financial impacts while maintaining their financial standing.
He said: "City have a lot of companies in their group which lie outside the City Football Group structure, extra companies where they put their expenses. These other companies lose the money but not the club itself. We have reported Manchester City to the EU.
"We have the facts and figures. We asked for City to be checked. It's very important that all clubs are subject to the same transparency rules and governance on both the sporting and financial side. 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."