Manchester City are not being investigated in relation to Financial Fair Play rules following a complaint by La Liga, Uefa has announced.
The European governing body has clarified its position after a statement from the Spanish league led to reports an official probe was being conducted.
That statement was made after La Liga wrote to Uefa to make a formal complaint about City and Paris Saint-Germain.
Uefa did announce last week that PSG are being investigated but Press Association Sport reported on Monday that was not prompted by La Liga's complaint and City are certainly not being looked at.
A Uefa spokesperson said: "There is no investigation into Manchester City with regards to Financial Fair Play regulations. Any reports mentioning such an investigation are unsubstantiated."
La Liga's complaints were made in a letter on August 22.
A statement issued on Monday read: "There will be an investigation following the formal complaint filed by La Liga asking Uefa to inspect Paris Saint-Germain and Manchester City FC for violation of financial fair play regulations.
"La Liga, the association of the best football teams in Spain, is pleased that Uefa has opened a formal investigation into financial fair play at Paris Saint-Germain.
"The investigation comes after La Liga formally requested these tests from PSG and Manchester City FC in August."
Acknowledging City were not actually being investigated, the statement then added: "La Liga asks Uefa to continue its investigation, taking into account PSG's history of actions. In addition, La Liga asks Uefa to open a similar investigation to Manchester City."
These issues have arisen after a summer transfer window in which PSG bought Neymar for a world record €222 million (Dh967m) and secured another Europe's most highly-rated players, Kylian Mbappe, on a season-long loan. City spent more than £200 million (Dh952m) strengthening their squad.
La Liga claims the finances at Qatari-owned PSG and Abu Dhabi-backed City "are not based on the market reality".
La Liga president Javier Tebas said: "The funding of PSG and Manchester City thanks to state aid distorts European competitions and creates an inflationary spiral that irreparably damages the football industry."
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City have been contacted by Press Association Sport for comment concerning the claims against them.
The Premier League club have been a frequent target for critics since their takeover by Sheikh Mansour bin Zayed's Abu Dhabi United Group in 2008. They did fall foul of FFP regulations in 2014 and were hit with a fine, transfer spending cap and Uefa Champions League squad restriction.
In recent years, however, the club have shown strong signs of financial independence and have recorded profits in their last two financial years.
