UEFA doubt PSG income statements
France's 'Journal Du Dimanche' has revealed European football's governing body may have found discrepancies in the club's data.
UEFA punished PSG in 2014 for failing to comply with the Financial Fair Play rules and now once again has doubts over the Paris club's accounts. European football's governing body is in the midst of designing a scheme to have more control over clubs' accounts (called Financial Fair Play 2.0) and has been studying the income PSG received from it's sponsors, according to Journal Du Dimanche.
The French newspaper yesterday published a report that UEFA had received information from an outside auditor concerning the real value of contracts between PSG and its Qatari sponsors (Ooredoo, QNB, beIN and QTA). This report talks of 'major differences between the figures offered by the club and the real value of these contracts.
The punishment meted out to PSG in 2014 was related to sponsorship, with UEFA estimating the real value of a sponsorship deal between PSG and the Qatar Tourism Authority at 100 million euros, when the club had stated it was worth 200 million euros. The club was fined 60 million euros.
No word from PSG on Financial Fair Play doubts
The current investigation is ongoing, and the Financial Fair Play experts are expected to come to a conclusion in March. The Journal Du Dimanche contacted PSG who replied only that the study is ongoing and they would be making no comment.
At the same time, PSG have been warned over their expenditure on players. Signing Mbappé on loan with a purchase clause allowed them to temporarily solve their situation, caused by the purchase of Neymar for 222 million euros, but UEFA only gave the club until this June to put their affairs in proper order by selling players.
To be able to comment you must be registered and logged in. Forgot password?