Paris Saint-Germain’s summer spending has caught the attention of European football’s governing body, and UEFA has announced it’s opened a formal investigation into the club’s transfer dealings.
Financial Fair Play regulations require clubs to break even and show their revenue matches their outgoings, but after signing Neymar from Barcelona for €222 million (£200 million) and loaning France striker Kylian Mbappe from AS Monaco, the authority’s eyebrows have been raised.
PSG are widely expected to sign Mbappe on permanent terms next summer for a fee of £167.5 million, and it’s been suggested the loan deal was an attempt to meet FFP regulations.
A UEFA statement read: “In the coming months, the investigatory chamber of the Uefa club financial control body will regularly meet in order to carefully evaluate all documentation pertaining to this case.
“Uefa considers financial fair play to be a crucial governance mechanism which aims to ensure the financial sustainability of European club football.”
Image courtesy of Marca.