PSG ordered to raise €60m to satisfy Uefa’s FFP rules

Jose Verdugo
Junio 14, 2018

Following five days of intense debate, UEFA have publised their decision not to santion Paris Saint-Germain after agreeing that the French club have not breached Financial Fair Play (FFP) rules.

The European governing body of the sport had opened an investigation into the French champions as a result of their sizable expenditure in the summer of 2017, but this has now been officially closed.

Uefa wants Paris Saint-Germain to raise €60m in income by the end of the month or face punishment for overspending.

A statement released by UEFA read: "The CFCB (Club Financial Control Body) chose to close the investigation into Paris Saint-Germain". Such decision follows a detailed review of transfer contracts and an analysis of the related management accounts which confirmed that such transactions were in line with the UEFA Club Licensing & Financial Fair Play Regulations.

In addition, UEFA said they had to revise the value of a number of PSG's commerical deals, with companies such as Qatar National Bank, Ooredoo, BeIN Sports, Qatar Tourism Authority and Aspetar said to be paying above the market rate.

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It came after PSG broke the world record transfer fee in August 2017 when they signed Neymar for £200m.

PSG have been able to improve their accounts by restructuring several commercial deals, and this has ensured that the club has broken even in the financial years for 2015, 2016 and 2017.

This is because of Uefa's Financial FFP "break-even" rules, introduced in 2013, which requires clubs to balance their spending and revenue.

In closing the investigation, Uefa said the "break-even result of the club remains within acceptable deviation" for the past three financial years.

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