I think the most annoying aspect of Tebas's pronouncements is the assumption that City and PSG are essentially two faces of the same problem. There are issues surrounding PSG which are of concern to football fans. They seem to have developed no viable or sustainable business model. They seem overly dependent on one deal which channels enormous sums of money into the club with little in return. The Qataris do seem intent on "doping" the club to "buy" success. They do seem intent on doing exactly those things FFP was supposed to prevent.
Yet Tebas would seem to be wasting his time. UEFA is investigating but it has a weak hand. It is hard to say what direct relationship there is between the amount paid and the tangible benefits to a sponsor of a deal. UEFA sold the pass in 2014 when they accepted a very high figure for the PSG deal as "market value". Tebas's argument that PSG have no right to earn more from sponsorship than Manchester United may well be of interest to the competition authorities, especially as owners are not allowed to invest in their club but American companies can "sponsor" clubs for sums at least as large as PSG: doping in one case, good business in another. And then there is Bayern, whose seven biggest sponsors are all shareholders.
The only possible grounds for action against PSG is the loan deal for the Real Madrid target who went to Paris. But loan deals to dodge FFP are not new, UEFA accepted several at the end of the 2014 window involving some clubs who do things the right way.
In all this City can claim the moral high ground. Our owner promised a period of heavy investment in all aspects of the club to transform the club into a major force capable of sustaining itself at the highest level. And that's what we have now. The club gets not one penny from any state coffers. City will act to protect its own integrity and that of its sponsors from Tebas's malicious lies. City is a far better advert than PSG and UEFA is well advised to steer clear of any investigation and certainly any action. City's experience shows the folly of UEFA's attempts to block City's progress by rules of very dubious legality indeed. And in 2014 city secured UEFA's agreement to certain aspects of CFG activity - and now Tebas appears determined to try and use the law to block those activities and Girona's development as a club. He will fail and fail on the grand scale.