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PSG: the club again worried about financial fair play

2022-08-19T16:48:43.399Z


According to information from L'Equipe, the UEFA club financial control body has decided to sanction PSG, but also OM, in


Paris and Financial Fair Play (FPF), the new season.

According to information from the daily L'Équipe, UEFA, through its club financial control body (ICFC), recently sent financial sanctions to the two French clubs involved in the Champions League, Paris Saint-Germain and 'Olympic Marseille.

These sanctions are presented as a "settlement agreement" spread over several seasons, namely financial penalties aimed at encouraging the two clubs to enter the nails of financial fair play under penalty of heavier sanctions, possibly sporting.

As it stands, the deficits of the two clubs exceed, very largely for PSG, the deficits authorized by the FPF over the past three seasons (30 million euros for the old version of the FPF, 60 from 2022).

According to the most recent reports from the DNCG, both Paris and Marseille are emerging from two record seasons in terms of deficit with net results, for the 2020-21 season, of -227 and -76 million euros respectively, for -124 and - 97 in 2019-20.

Get in the nails or risk heavier penalties

With in question, in particular, the Covid, the stoppage of the championship and the Mediapro episode, which impacted Ligue 1 more than any other European championship.

This is also, according to L'Equipe, the defense used by PSG.

This is not the first time that the European body has closely monitored the finances of the capital club.

For the past two seasons, the suspension of the FPF had allowed the club to spend without paying attention to its finances.

This summer, PSG was much more cautious on the transfer market, targeting players at the end of their contract and therefore less expensive (Renato Sanches, Nordi Mukiele) or by being loaned Hugo Ekitike, postponing the expense related to his transfer to future seasons.

Still according to L'Equipe, PSG and OM now have a choice: get back in the nails or refuse this settlement agreement, at the risk of exposing themselves to heavier financial or sporting sanctions.

In April, UEFA introduced the rules of the "new formula" of its mechanism for monitoring and regulating club accounts.

A reform which nevertheless had the contours of a formula favorable to Paris Saint-Germain.

Source: leparis

All sports articles on 2022-08-19

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