Spainish clubs have Spanish owners for the most part, and they want to protect that.
It isn't Tebas, it isn't they are stupid, it is simple self perseverance strategy.
They don't care about local fans, they don't care about the product. Theycare about themselves and so far it is working for them.
There is a reason all projects led by foreign owners were stopped, and all the blame went to that owner and clubs were used as an example.
It is why the idea that Barca should be privatised won't work as much as people think. They won't find rich local investors like Bayern, and Spain will find creative ways to fuck us even more if it is foreign investors.