Paris Saint-Ger­main chal­lenges UEFA in cou

The Myanmar Times - - Sport -

PARIS Saint-Ger­main has chal­lenged UEFA in court af­ter a club fi­nance panel re­opened its in­ves­ti­ga­tion into the French cham­pion, and can as­sess trans­fer deals for su­per­star for­wards Ney­mar and Kylian Mbappe.

The Court of Ar­bi­tra­tion for Sport said on Mon­day the ap­peal case is con­fi­den­tial at the re­quest of PSG and UEFA and gave no fur­ther de­tails. Qatar-owned PSG has long been a tar­get of UEFA rules de­signed to curb so-called fi­nan­cial dop­ing by wealthy back­ers of clubs which qual­ify for the Cham­pi­ons League or Europa League.

The Fi­nan­cial Fair Play pro­gram re­quires clubs to ap­proach breakeven on soc­cer-re­lated busi­ness, such as player trad­ing and wages, and also as­sesses the fair mar­ket value of spon­sor­ship deals.

PSG for­feited 20 mil­lion eu­ros ($22.8 mil­lion) of Cham­pi­ons League prize money in a 2014 set­tle­ment. Then, Abu Dhabi-owned Manch­ester City got the same deal from UEFA in sig­na­ture cases from the first round of FFP sanc­tions.

De­tails of tough 2014 ne­go­ti­a­tions be­tween both clubs and UEFA’s then-lead­ers were re­vealed at the week­end by Euro­pean me­dia. Pub­lished emails in­cluded le­gal threats by the clubs try­ing to pre­vent pos­si­ble bans from the Cham­pi­ons League worth tens of mil­lions of eu­ros per sea­son.

In April 2017, UEFA re­leased PSG and Man City from their set­tle­ment deals for com­ply­ing with three years of stricter mon­i­tor­ing.

PSG then spent heav­ily in that off­sea­son, break­ing soc­cer’s trans­fer record to buy Ney­mar from Barcelona for 222 mil­lion eu­ros ($253 mil­lion). A loan deal was agreed with Monaco for Mbappe that be­came a 180 mil­lion eu­ros ($205 mil­lion) pur­chase this year.

UEFA opened an in­ves­ti­ga­tion soon af­ter the Mbappe loan, and warned PSG in June this year to raise cash quickly from player sales to bal­ance its 2017-18 ac­counts. UEFA also said some spon­sor deals, in­clud­ing from Qatar, were over­val­ued.

Still, in­ves­ti­ga­tors for UEFA’s Club Fi­nan­cial Con­trol Body closed their scru­tiny of PSG’s ac­counts for the year through June 2017 — be­fore the Ney­mar sign­ing.

The UEFA panel’s judg­ing cham­ber re­viewed the de­ci­sion and in Septem­ber sent the case back for a “deeper in­ves­ti­ga­tion.” It is that move which PSG is chal­leng­ing at CAS.

The sports court’s judges must first de­cide if it is ad­mis­si­ble to ap­peal a pro­ce­dural step rather than a fi­nal rul­ing. Join­ing PSG in a sim­i­lar sit­u­a­tion, Galatasaray was also placed un­der fur­ther in­ves­ti­ga­tion by the UEFA panel last month. It is un­clear if the Turk­ish club has ap­pealed to CAS. -AP

Photo: AP

PSG’s Kylian Mbappe, left, re­acts with PSG’s Ney­mar, cel­e­brat­ing af­ter he scored his side’s sec­ond goal dur­ing the League One soc­cer match be­tween Paris Saint-Ger­main and Lille in Paris on Fri­day.

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