UEFA have opened an investigation on PSG over FFP regulations breach.
The investigation was started after PSG signed Neymar from Barcelona, for €222m and committed another €180m for the transfer of Kylian Mbappe from Monaco. UEFA wants to find out how is the Parisian club looking to comply with the Financial Fair Play regulations after the massive spendings.
According to AFP, on Thursday afternoon, PSG officials were called to UEFA headquarters in order to answer some of the questions. The meeting was qualified as a “routine meeting” and took place in Nyon.
The general director of PSG, Jean-Claude Blanc and the general secretary of the club, Victoriano Meleoro were tasked by the Parisians with the responsibility of answering to UEFA’s questions. Besides Blanc and Meleoro, two other officials took part in the meeting: Philippe Boindrieux, the deputy general director and Benoit Muller, the financial director of the club.Report: Icardi opens PSG account in 0-1 win over Gala George Patchias – Mauro Icardi opened his goal-scoring account for PSG in a 0-1 away victory over Galatasaray.While Thomas Tuchel has begun to integrate Mauro Icardi into…
UEFA announced right after the opening of the investigation that “during the next months, the investigation office of the clubs’ financial control body will hold regular meetings to evaluate carefully all the documents related to this matter.”
The Financial Fair Play regulations have been enforced by Michel Platini, the former president of UEFA, in 2010. Since then, clubs that are participating in European competitions cannot have a deficit bigger than €30m over a financial period of three years. The sanctions can go all the way to withdrawing the teams’ right to participate in Champions League or Europa League.
PSG have been sanctioned before, in 2014, after a contract signed between the club and the Tourism office in Qatar, was considered overvalued by UEFA.