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|Real Madrid's Croatian midfielder Luka Modric prepares to kick the ball during the Santiago Bernabeu Trophy football match between Real Madrid and AC Milan in Madrid on Aug 11, 2018. (Photo: AFP/Gabriel Bouys)|
"Inter Milan announces that it will take legal action against Mr Javier Tebas in relation to statements made today to the press," the northern Italian club said in a statement.
In a media rant Tebas criticised clubs such as Inter, Paris Saint-Germain and Manchester City and claimed he had doubts whether the Italian club had the cash to buy midfielder Modric.
"You'll need to ask why state-owned clubs exist as they are inflating the market when they buy players," said Tebas.
The La Liga chief also said he wanted to look at how Italian champions Juventus paid 100 million euros to buy Cristiano Ronaldo from Real earlier this summer.
"Regarding Inter, the offer made for Modric is trickery. The affair of PSG for Neymar is cheating."
The Italian League said they were "surprised and bitter" at Tebas's "completely unfounded" comments.
Midfielder Modric, 33, inspired Croatia to the World Cup final last month and was named the player of the tournament.
He had been touted for a move to Italy but opted instead to extend his six-year stay with Real Madrid after securing a salary rise.