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No FFP investigation into City

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Manchester City are not to be the subject of a special investigation under Uefa financial fair play rules unlike Paris Saint-Germain.  In an unusual intervention, Javier Tebas, the president of La Liga complained that City were 'irreparably damaging the football industry' by creating an inflationary spiral. His intervention had the backing of Barcelona and Real Madrid.

Tebas tried to argue that there was an equivalence between the two clubs because they were state owned and complained about City's transfer dealings over the summer.  However, they hardly matched PSG's acquisition of Neymar.   Moreover, City have a long pedigree as a football club whereas PSG are a more recent creation.

The club do not believe they are even close to breaching FFP regulations and that would also have been the case had they succeeded in their deadline-day bid for Alexis Sanchez last week.

City, who spent more than £200 million in the summer transfer window, offered Arsenal £55m up front for the Chile forward on Thursday but a deal failed to materialise.