Quantcast

LALIGA APPLAUDS UEFA’S INVESTIGATION INTO PSG

0

LaLiga, the association of Spain’s top football teams today revealed that is pleased that UEFA has opened a formal Financial Fair Play (FFP) investigation into Paris Saint-Germain (PSG).
This investigation comes after LaLiga formally requested such probes into PSG and Manchester City FC  in August.
“PSG is a habitual offender and has been violating UEFA’s Financial Fair Play regulations for years,” said LaLiga President Javier Tebas.

“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 requested UEFA investigate the infringement of FFP regulations by PSG and Man City in separate letters dated Aug. 22, 2017.

In the letters, LaLiga lays out that the financials of both clubs have no basis in the realities of the market. Specifically, both PSG and Man City benefit from sponsorships that make no economic sense and lack any fair value.

“PSG and Man City’s funding by state-aid distorts European competitions and creates an inflationary spiral that is irreparably harming the football industry,” said Tebas. “UEFA must enforce FFP regulations to avoid discrimination among clubs.”

LaLiga calls on UEFA to proceed with its investigation, taking into account the full history of PSG’s actions. Additionally, they call on UEFA to open a similar investigation into Man City.

Share.

About Author

Editor
Loading ...