PSG avoid UEFA punishment over FFP rules

Paris Saint-Germain have been cleared of breaking UEFA’s Financial Fair Play (FFP) rules, but have been told their finances will remain under close scrutiny.

PSG bought Brazil forward Neymar from Barcelona for £200m last summer and later signed Kylian Mbappe on loan from Monaco with an option to buy after one season for a fee understood to be in the region of £166m.

That had led to fears the Qatari-owned club may breach FFP rules but UEFA has confirmed it has closed the investigation and that the club’s transfers from that period “were in line with the UEFA Club Licensing and Financial Fair Play Regulations”.

The decision followed a detailed review of transfer contracts and analysis of the related management accounts.

UEFA added that PSG’s results for the financial years ending in 2015, 2016 and 2017 were accepted under the FFP rules but warned more recent transfer activities “will remain under close scrutiny and will be thoroughly looked at in the coming weeks”.

FFP rules ban clubs from spending more than their generated revenue, a policy intended to prevent rich owners from trying to buy success and distorting the transfer market.

Source.