The Ligue 1 club, backed by the state of Qatar since Qatar Sports Investments' 2011 takeover, also brokered a loan-to-buy deal with Monaco for the highly-rated teenager Kylian Mbappé, who could join the club permanently for €180m in 2018.
A City spokeswoman said last night: "Mr Tebas" statements are ill-informed and in parts pure fiction.
"As they can expect, Manchester City Football Club and City Football Group have sought legal advice and will act accordingly", the statement continued.
UEFA has opened an investigation over PSG's signings, and the possibility of breaking Financial Fair Play rules, although nothing has been set for Manchester City.
"The league strongly condemns the insulting comments regarding PSG made today by the president of La Liga", it said in a statement.
Kylian Mbappe, Neymar train together at Paris Saint-Germain
I have a lot of respect for [Monaco vice president] Vadim Vasilyev, who is a remarkable man. It was a whole new world. "You always believed in me, encouraged me, helped me".
Prince George's new school in security breach days before term starts
George and his classmates will be taught a range of subjects and activities from ballet and art to drama, French, music and physical education.
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Prior to that, the Americans had won four straight and were on smoother sailing toward qualifying for another World Cup. It was a smash-and-grab result for the Yanks, who were outplayed for long stretches of the match .
Speaking at the Soccerex conference in Manchester, Tebas doubled down on his call and suggested that PSG's summer activity had made a mockery of current FFP regulations.
Tebas continued: "I need more money from TV, otherwise Manchester City with its oil will take all these players". What we have done is caught them peeing in the bed, or the swimming pool.
"These unworthy remarks are unbefitting an institution as respectable and successful as the Spanish league".
This summer, the Blues loaned five players to the Spanish outfit, including: Douglas Luiz, Marlos Moreno, Larry Kayode, Aleix Garcia and Pablo Maffeo.
"Half of the squad left for global duty and they called up reserve players to fill up the group, which is amusing", Bertrand said. "The transfers are merely the result of years of financial doping at PSG".
"When contracts are not reflecting real market incomes - as in money not derived directly from football - then we take action".
He said: "Some of the loan prices were too low".