Wasn't the decision on Valverde going to came after the season? Meaning he might miss the start of 2023/24.
Real Madrid currently outspending the rest of la liga combined
Tebas is ruining his league. If you don't allow teams to make investements in form of loans to buy good players, your league loses public attention and income. It's the same reason, why Laporta didn't just stop buying players until the debt is payed. If you lose your success, you lose your income and ability to pay off those debts and then you're in even a bigger struggle than before. Only a matter of time until France and Germany catch up with LaLiga with Tebas as president.
And the funny part (or sad) is, that Tebas promised all ffp problems gone for those teams that sign his cvc deal. Most of those teams signed his deal and here we are, blancos excluded, on the same spending level than dwarf leagues like dutch or portuguese. If the teams reelect Tebas again, they can take shovels and start digging their own graves.