Uefa star Fi­nan­cial Fair Play probe into PSG trans­fer deals

The Star (Kenya) - - Sports | International Football - BY BRIAN HOMEWOOD /

French club Paris St Ger­main have been placed un­der in­ves­ti­ga­tion by UEFA to see if their re­cent trans­fer spend­ing spree has bro­ken the break-even rules of Euro­pean soc­cer’s rul­ing body known as Fi­nan­cial Fair Play (FFP).

The Ligue 1 club signed French teenager Kylian Mbappe, one of Europe’s most ex­cit­ing tal­ents, on Thurs­day in a deal worth a re­ported €180m (Sh22bn) to high­light their as­ton­ish­ing fi­nan­cial mus­cle. The Qatari-owned club last month bought Brazil for­ward Ney­mar from Barcelona for €222m (Sh27bn), more than dou­ble the previous high­est price paid for a player. They spent more than any other club in a sin­gle trans­fer win­dow.

How­ever, FFP rules ban clubs from spend­ing more than their gen­er­ated rev­enue, a pol­icy in­tro­duced to pre­vent rich own­ers from try­ing to buy suc­cess and dis­tort­ing the trans­fer mar­ket.

“The club is sur­prised by such a de­ci­sion since it con­stantly kept UEFA’s fi­nan­cial Fair Play teams in­formed of the im­pact of all the player trans­fers car­ried out this sum­mer de­spite not be­ing obliged to do so,” PSG said.

Clubs can ul­ti­mately be kicked out of Euro­pean com­pe­ti­tion for flout­ing the rules al­though un­til now UEFA has tried to ne­go­ti­ate set­tle­ments with of­fend­ers. The UEFA state­ment said its fi­nan­cial con­trol board had opened “a for­mal in­ves­ti­ga­tion into Paris Saint-Ger­main as part of its on­go­ing mon­i­tor­ing of clubs un­der Fi­nan­cial Fair Play (FFP) reg­u­la­tions”.

“The in­ves­ti­ga­tion will fo­cus on the com­pli­ance of the club with the breakeven re­quire­ment, par­tic­u­larly in light of its re­cent trans­fer ac­tiv­ity,” UEFA added.

Its board will meet reg­u­larly over the com­ing months to eval­u­ate all doc­u­men­ta­tion re­lat­ing to the case.

“UEFA con­sid­ers Fi­nan­cial Fair Play to be a cru­cial gov­er­nance mech­a­nism which aims to en­sure the fi­nan­cial sus­tain­abil­ity of Euro­pean club foot­ball,” the rul­ing body added.

Paris St Ger­main, along with English club Manch­ester City, were only freed from previous re­stric­tions in April.

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