LIGUE 1

PSG poised to spend 200 million euros in squad overhaul

The Ligue 1 side are making the biggest investments since Al-Khelaïfi signed Neymar and Mbappé with the objective of winning the Champions League.

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On 7 June, Nasser Al-Khelaïfi told L’Equipe that PSG would be particularly active in this summer's transfer window. The president wasn't bluffing, as on today, 2 July, the club have completed four top level signings with the objective of finally winning the Champions League - a trophy which has evaded them since he came to the club a decade ago. They started by bringing in Gini Wijnaldum, then Donnarumma, Achraf and the most recent new recruit, Sergio Ramos. So far, out of all of the clubs in Europe, PSG have been the busiest in the summer window. Al-Khelaïfi has already complied with Mbappé's demands to renew his contract although the player continues to stall and as things stand, it look that he will only remain in Paris, until 2022.

PSG ready to spend big

Meanwhile, Le Parisien is reporting that PSG are prepared to spend up to 200 million euros in the current transfer window, a figure which can only be compared to the 220 million they splashed out in 2017/2018 on Neymar plus the loan deal with option to buy for Mbappé.

PSG however, will also have to sell players this summer. That they have already brought in four high-earning players means that they will be looking to recoup around 200 million in shedding surplus staff (once they reach that figure in expenditure), as the National Directorate of Management Control (DNCG), the organization responsible for monitoring and overseeing the accounts of all of the clubs in Ligue 1, does not allow clubs to spend exorbitant amounts without balancing their accounts. That's why players like Pablo Sarabia, Ander Herrera, Bakker and Mauro Icardi could be sold so that there is no imbalance between between what PSG have spend and what they receive in revenue from offloading playing staff.