PSG ‘fights’ Fair Play

PSG ‘fights’ Fair Play
PSG ‘fights’ Fair Play

For second consecutive Year, Paris Saint-Germain will not be subject to any sanction by UEFA’s Financial Fair Play, as reported by the newspaper L’Équipe. The Parisian team reached an agreement with the highest body of European football two years ago, after receiving a sanction of 55 million euros, 5 only immediate payment, and after having mitigated, little by little, the enormous losses that it accumulated during the last seasons.

During the last financial year, 2022/2023, the capital club accumulated a deficit of 110 million euros, an amount that contrasts with the 300 of the previous year. The departures of players like Neymar, Messi, Ramos or Verratti, Together with that of Mbappé next summer, they have contributed to PSG’s wage bill being significantly reduced, which has a direct impact on its financial balance.

To this we must add that the current Ligue 1 champion will receive, in the coming weeks, an ordinary income of 200 million euros, 116 from the CVC investment fund and the remaining amount from the LFP in the form of television rights and other remuneration. . In France, however, losses matter little, since the financial body in charge of looking after them, the DNCG, simply requires liquidity and solvency to cover them, something in which PSG is more than enough thanks to Qatar’s unlimited capital..

PSG, therefore, will be able to carry out a transfer market without having to make calculations to adapt its disbursements to UEFA’s Financial Fair Play. Mbappé’s departure, according to consulted sources, means that the club will have 200 million more to undertake different operations, which is what the cost of keeping the player in the French capital each season was. A summer, in short, calmer than usual, at least economically, on the banks of the Seine River.

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