LaLiga applauds UEFA’s investigation into PSG; asks to investigate Manchester City too
LaLiga is pleased that UEFA has opened a formal Financial Fair Play investigation into Paris Saint-Germain and wants UEFA to investigate Manchester City’s spending too.
The investigation comes after LaLiga formally requested such probes into PSG and Manchester City FC (Man City) in August.
Spanish league president Javier Tebas said in a statement to The Associated Press on Monday that Abu Dhabi-funded City and Qatari-owned PSG are benefiting from state aid which distorts European competitions and “is irreparably harming the football industry.”
Tebas wrote separate letters to European football’s governing body on Aug. 22 requesting investigations into Man City and PSG.
Ligue 1 powerhouse Paris St Germain have been placed under investigation by UEFA to see if their recent transfer spending spree has broken the break-even rules of European soccer’s ruling body known as Financial Fair Play (FFP), European soccer’s ruling body announced on Friday.
The formal move came one day after the close of the transfer window in which PSG triggered Neymar’s €222m buyout clause to acquire his services, before sealing Mbappe’s deal before Thursday’s deadline on an initial loan in a deal that sources said is worth €180m plus bonuses.
FFP rules ban clubs from spending more than their generated revenue, a policy introduced to prevent
Since FFP rules only allow a club to run a €30m deficit, PSG wanted to structure their deal for Mbappe so the financial impact of his arrival would not be taken into account this season.
LaLiga President Javier Tebas labelled PSG as an habitual offender of UEFA’s FFP regulations.
He said: “PSG is a habitual offender and has been violating UEFA’s Financial Fair Play regulations for years. It is important that UEFA doesn’t just look at the most recent player transfers, but at PSG’s history of noncompliance. The transfers are merely the result of years of financial doping at PSG.”
LaLiga calls on UEFA to proceed with its investigation, taking into account the full history of PSG’s actions. Additionally, LaLiga calls on UEFA to open a similar investigation into Man City.
“PSG and Man City’s funding by state-aid distorts European competitions and creates an inflationary spiral that is irreparably harming the football industry. UEFA must enforce FFP regulations to avoid discrimination among clubs,” said Tebas.
In 2014, PSG and City were the main targets of the first round of FFP sanctions. Both had €20 million ($24m) of their Champions League prize money deducted and had limits imposed on their spending and squad size for matches.