A club statement has dismissed his claims as "pure fiction".
ILKAY GUNDOGAN made his return from injury for Manchester City last night after spending eight months out injured. For the 2017-18 campaign, that was set at €80 million.
Girona are not paying any loan fees but are paying the players' wages in full but the dispute comes over the valuation of the five City players.
Girona were accused of trying to "cook the books" over five loan players sent there by City this summer by the La Liga chief.
The LFP responded with a statement on Wednesday to make clear its unhappiness with Tebas' remarks, along with the general chorus of disapproval from other European clubs.
Although UEFA sanctioned both PSG and City three years ago and have pledged to investigate the former's recent monstrous transfer dealings, Tebas called into question the way both Middle East-backed big spenders do business, saying they had an unfair competitive advantage "due to monies that are not created by the club itself".
La Liga has been notoriously strong to stop its own clubs breaking financial rules.
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"I am a player of Monaco, I am very happy there", the 21-year-old said. "I wanted him. He made a decision to stay at Monaco". "Did we make a €100m offer? Yes".
He said: "If I remember correctly, PSG and Man City were sanctioned, but then the sanction was somehow reduced in some odd agreement that was not made public".
La Liga's complaints were made in a letter on August 22.
Tebas described City as "peeing in the pool" in reference to the vast amounts of money they have invested in manager Pep Guardiola's squad.
'Uefa and other institutions - European Union - need to carry out investigations, ' Tebas said.
Man City have spent 220 million pounds in this summer's transfer window. The source said that a deal for West Brom's Jonny Evans did not happen because of the club being unable to offload Eliaquim Mangala.
City will not be investigated by Uefa - but Tebas had a dig at Pep Guardiola's side accusing them of cheating the system.
City were taken over by the Abu Dhabi United Group in 2008 while PSG have been owned by the Gulf state of Qatar, via its Qatar Sports Investments fund, since 2011. We carried out this study of the accounts - income streams, sponsorship et cetera. And the important thing is that everything is market value.
"If the Spanish clubs have received financial help from the state, directly or indirectly, they need to be punished, because that is not correct".