La Liga President Javier Tebas has issued a statement on Manchester City being found guilty of breaching financial rules in the English Premier League.
Tebas commented on the situation surrounding the club’s financial breaches. His remarks came amid proceedings related to Manchester City’s alleged violations of financial regulations in the English championship.
Financial regulations in top-level football are designed to promote transparency and competitive balance by limiting clubs’ spending in relation to their revenues. Proceedings involving alleged breaches can lead to disciplinary measures, depending on the findings and decisions of the relevant football authorities.