Tuesday 12 December 2017

PSG 'very confident' they have complied with UEFA's FFP rules

Paris St Germain's Neymar during training. REUTERS/Benoit Tessier
Paris St Germain's Neymar during training. REUTERS/Benoit Tessier
Independent.ie Newsdesk

Independent.ie Newsdesk

Paris St Germain are "very confident" they will be able to comply with UEFA's Financial Fair Play rules after the governing body opened an investigation into the club.

UEFA will take a close look at the big-spending Ligue 1 side over possible breaches of FFP in the wake of their signings of Neymar and Kylian Mbappe.

But PSG say they are "surprised" by UEFA's decision and have "always operated with total transparency".

PSG smashed the world transfer record when they paid the £198million release clause in Brazilian superstar Neymar's Barcelona contract.

They followed it up by recruiting another of the world's most highly sought-after players, Mbappe, on a season-long loan deal from French champions Monaco on Thursday.

That deal comes with what was described as an option - but is thought to be an obligation - to then purchase the player next summer for a fee of around £166million, which would currently be the second-highest fee ever paid for a player.

UEFA's FFP regulations were introduced by its former president Michel Platini in a bid to ensure clubs lived within their means and only spent in proportion to their revenue.

PSG said in a statement: "Paris St Germain takes note of the decision of the UEFA Financial Fair Play panel to immediately ensure that the Paris club's accounts as of 30 June 2018 comply with the fair play criteria for the 2017/2018 season.

"The club is surprised by the news, as it has constantly kept the UEFA Financial Fair Play teams informed of the impact of all player operations carried out this summer when they were not obliged to do so.

"The club is very confident in its ability to demonstrate that it will fully comply with Financial Fair Play rules for the fiscal year 2017/2018.

"It points out it has always operated with total transparency with the European football authorities, with whom it has developed a relationship of trust over the last six years, demonstrating its utmost respect for the institution."

Press Association

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