PSG threatens to get into trouble over financial fair play
The French top club has to justify its high expenditure on UEFA. The toughest sanctions to date are threatening.
The tears after the disillusioning outbreak in the Champions League are at Paris St. Germain hasn’t dried yet, there’s the next trouble ahead.
Sheikhs from Qatar must inform the European Football Union (UEFA) and its financial authority, ICFC, by 30 June 2010. By 30 June, a surplus of around EUR 75 million was recorded. This is required by the rules of financial fair play.
The French leader of the standings has already received the yellow card for breaching the rules. This season, only 23 instead of 25 players were allowed to be put on the list for the European royal class – a comparatively harmless sanction.
But Paris couldn’t get away with it. President Nasser Al-Khelaifi paid 400 million euros as a transfer fee for the Brazilian superstar Neymar and the French top talent Kylian Mbappe. The goal was clearly defined with the triumph in the Champions League.
After the last 16 against Real Madrid (1-3 and 1-2) the sporting disappointment is great, but also financially it was a painful setback. The proceeds from the quarter-finals alone would have amounted to 13 million euros. Nevertheless, Al-Khelaifi already stressed that he did not want to change course.
After the withdrawal, UEFA could take a closer look at the sponsorship payments from Qatar’s National Bank, Qatar Tourism Authority, beINSports, Ooredoo and Aspetar. Paris have had to dance several times at UEFA headquarters in Nyon to justify their financial acrobatics. To be on the safe side, the club refers to Lucas’ winter transfer of 28 million euros to Tottenham Hotspur.
But more stars could follow to earn money. According to French media reports, hardly any player can be sure of his place at PSG. Candidates are Edinson Cavani, Angel Di Maria, Marco Verratti and World Champion Julian Draxler. National goalkeeper Kevin Trapp, who will not go beyond the role of replacement man this season, could also leave the club.
In the summer, we took 400 million euros into our hands – I think we can speak of a radical change,”Draxler said after the end of the match against Real. It didn’t help.