Javier Tebas rarely pulls his punches, and the president of La Liga was in fiery form, ripping into Paris Saint-Germain president Nasser Al-Khelaifi and the Premier League as part of a stout defence of the Spanish game at this week’s Financial Times Football Business Summit. Tebas took issue with the Premier League’s new “squad cost ratio” system that is replacing the profitability and sustainability framework, saying it would not end the financial imbalances he has long lamented between the English top division and continental European competitions. The Premier League’s new regulations will penalise clubs if they spend more than 85 per cent of revenue on transfers and wages, but Tebas faulted it for excluding other costs from the calculation. “They’re going to have more inflation and more problems,” he predicted. “A rule that does not take expenses into account is useless.” Premier League boss Masters later dismissed this criticism, insisting the squad cost ratio would ...