PSG - Paris Saint-German

Will Paris Saint-German Get Sanctioned By UEFA?

Following the insane money they spent in bringing Neymar Junior to Paris, French giant, Paris Saint-Germain is set to be investigated by UEFA for a suspected breach of Financial Fair Play (FFP) regulations. Will PSG escape a UEFA sanction, or will the football governing body find irregularities with the Parisians?

Since the turn of the millennium, football clubs around the globe, especially in Europe, have gradually become overly frivolous in a bid to attain success. The situation is worse in England, where Premier League clubs have thrown caution to the wind in a spending spree to sign the best players. It’s left most Prem clubs incurring huge financial debts with some going into administration; good examples being Leeds United and Portsmouth. By the end of the 2008-09 season, total debt of Premier League clubs was estimated at over £3 billion.

The situation was no better in other top European leagues. In Spain, Real Madrid and Barcelona, despite negotiating separate TV deals, continued to be in debt due to heavy spending on signing players and paying huge wages. In 2009, Real Madrid’s financial debt stood at €244.6 million. Before the end of the 2009-10 season, La Liga clubs were in debt of £2.5 billion – a huge chunk of these monies being invested on new players and fatter wages. It’s led Arsene Wenger to describe the phenomenon as “financial doping”.

Albeit, in 2009, European football governing body, UEFA, stepped in by promulgating the Financial Fair Play regulation. Known simply as the FFP, it stated that clubs would be deemed to be in breach of the regulation if they spent more on player transfers and wages than their net revenue. Punishment for being in breach of FFP regulations could range from warnings, fines, points deduction, withholding earnings from UEFA organised competitions, bans from UEFA competitions, transfer bans etc. After much scrutiny, the regulation took effect in 2015.

Can Paris Saint-Germain escape UEFA sanction

Regardless of UEFA’s FFP regulations, big European clubs with rich owners have somewhat found a way to avoid being in infringement. Manchester City owner, Sheikh Mansour, has spent over £1 billion on players and infrastructure since 2008 without any question from UEFA. This summer, Paris Saint-Germain Qatari owners decided to smash the world record and pay Neymar’s 199 million buyout clause. They didn’t stop there. Monaco’s highly-talented youngster, Kylian Mbappe Lottin, was also plundered, albeit on a complicated loan deal.

The Parisian club also signed left back, Yuri Berchiche from Real Sociedad for £14.4 million, while Danny Alves came in for free. In all, PSG had spent approximately £214 million on transfers this summer. It was enough to make UEFA raise an eyebrow.

“The investigatory chamber of the UEFA Club Financial Control Body has opened a formal investigation into Paris St. Germain as part of its ongoing monitoring of clubs under Financial Fair Play (FFP) regulations.”

In the end, this investigation will come up empty-handed. The Ligue 1 runner-up has done clean business this summer and is no way in the red.
Les Parisiens sold players such as
Serge Aurier (Spurs) , Blaise Matuidi (Juventus), Jean-Kévin Augustin (RB Leipzig) and Youssouf Sabaly (Bordeaux) for a combined fee of £58 million. The likes of Jese (Stoke) and Grzegorz Krychowiak (West Brom) also left on loan to cut down on wages.

Forbes announced that PSG has made a revenue of €521 million as at June this year. Add that to the £58 million they made from player sales and then subtract the £214 million they spent on Neymar, and friends, you see that the UEFA investigation is nothing but an exercise in futility.

About the Author Kingsley

I am a football/soccer connoisseur who enjoys crafting interesting articles like the one you just read.

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