FRENCH EDDY SET TO SIGN DEAL
CELTIC are optimistic a permanent deal will be concluded imminently for French striker Odsonne Edouard from PSG.
The Parkhead side have until the 16th June to activate the clause in Edouard’s contract w i th ongoing negotiations th is week between the two parties believed to be fruitful. Celtic’s cause has been strengthened by the fact that PSG have been told by UEFA’s financial fair play investigation that they need to sell £53m (60m euros) worth of players before the end of th is month or
else face a penalty for overspending last year.
European football’s governing body introduced FFP ‘breakeven’ rules in 2013, requiring clubs to balance their spending with their revenue. Last season the French giants spent £200m on Brazilian star Neymar while also taking Kylian Mbappe on a loan deal, for which they will pay £167m to Monaco to activate their clause for the player this summer.
However, to avoid sanctions from UEFA they need to balance their books before the end of the month meaning a need from PSG’s end to see a swift conclusion to the Edouard deal.
Goncalo Guedes’ sale from PSG to Valenia will make up half of the shortfall – the winger will go to Spain for £31m after a successful loan spell – but the French side still need to make up the remainder.