Sport

PSG To Fall Foul Of UEFA's Investigation

PSG To Fall Foul Of UEFA's Investigation”

Paris-Saint Germain could be banned from the Champions League if their sponsorship contracts worth about €200m will be proved overstated.

French giants Paris Saint-Germain reportedly face fresh inquiries from UEFA to establish whether they are guilty of Financial Fair Play violations.

Bankrolled by Qatari owners, PSG smashed the world transfer record by signing Brazilian star Neymar for 222 million euros in August and committed to completing another 180-million-euro deal for French teenage sensation Kylian Mbappe this summer when agreeing a one-year loan deal from Monaco a few weeks later.

Last summer's acquisitions of Kylian Mbappé and Neymar cost Psg more than € 400 million.

The Financial Times report that people close to the probe believe that the values of these sponsorships have been "significantly overstated".

European clubs face disciplinary action if their losses amount to €30m (£26m) over the course of three seasons.

A source close to the investigation claimed: "Is Uefa going to be courageous enough to enforce their own rules?"

The Parisien club have been desperate to balance the books in order to fall in line with FFP regulations.

Last summer PSG broke the world record transfer fee when they signed Neymar.

The club have been owned by the Gulf state of Qatar, via its Qatar Sports Investments fund, since 2011. In 2014, the club were fined €60 million in prize money from the Champions League. A sponsorship deal with the Qatar Tourism Authority was deemed to have an unfair value by Uefa's independent investigation panel.

Financial Fair Play rules require clubs to ensure their income matches their expenditure, with sanctions for failing to comply ranging from reduction in squad size to massive fines up to potential exclusion from the Champions League.



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