The 57-year-old Spaniard was on Monday accused of being jealous of the Premier League by Pep Guardiola after City’s sanction was overturned, allowing them to participate in next season’s Champions League.
Tebas has hit back, telling ESPN: “We all know what City do. When they were punished (by Uefa originally), there was no surprise among the majority of us involved in European football.
“I don’t want to say (people were) happy, but at last there was a sense of justice against these big state-owned clubs, the other being Paris Saint-Germain.
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“City will be in the Champions League next season because the Cas did things badly, not because City have done things properly.
“When the Cas reversed the decision, there were protests – from Klopp, Mourinho – because we all know they’re trying to find a way around the FFP rules,” said Tebas.
He continued: “City, in the last five years, along with PSG, are the club that have spent the most.
“The state-owned clubs in Europe do what they want. Fictitious sponsors, naming rights (for stadiums) in the case of Man City.
“The Etihad Stadium is not worth (what is paid for it) and that creates a very dangerous economic situation for us.”