Officials from La Liga were sharply critical of the Premier League after English clubs spent a combined £815 million ($1 billion) during the January transfer window.
La Liga president Javier Tebas shared a video from Javier Gomez, the league's corporate general director, who contrasted La Liga's finances with that of the Premier League (via ESPN.com).
He said shareholders of La Liga clubs can spend money "within certain limits" and that those barriers aren't in place for English clubs.
"The data is as follows: With data compared up to June 30, 2021, and across the five previous seasons, the PL and Championship — top two tiers of English football — lost €3bn. In that same time, the Spanish league lost — we all suffered in the pandemic — €250m. But what happened? During that same period, shareholders across the PL and Champ put in €3.5bn. Across that same period, shareholders in Spain put in €450m."