Don't miss

Replay


LATEST SHOWS

ENCORE!

Brazil’s contemporary art star Vik Muniz comes to Paris

Read more

FASHION

Men's fashion for summer 2017, part 1

Read more

ENCORE!

Music show: Metronomy, Celine Dion, Snoop Dogg and Jazz

Read more

TALKING EUROPE

UK votes to leave the EU: What now? (part 2)

Read more

IN THE PAPERS

'Iceland: How far will they go?'

Read more

IN THE PAPERS

'Hollande and Merkel don't have a real project for Europe'

Read more

BUSINESS DAILY

$3 trillion wiped off global markets since Brexit

Read more

EYE ON AFRICA

Michelle Obama visits Liberia

Read more

MEDIAWATCH

Post-Referendum Racism

Read more

Sports

Platini: PSG in danger over Financial Fair Play rules

© Photo: AFP

Text by Sam BALL

Latest update : 2014-04-24

French football club Paris Saint-Germain could be in danger of falling foul of UEFA’s Financial Fair Play (FFP) rules, the organisation’s head Michel Platini has admitted.

In an interview with French daily "Le Parisien", published on Thursday, the former France international said he could not be certain if the club from the French capital was operating within the rules.

“Does PSG comply with Financial Fair Play? Not sure, not sure at all,” he told the newspaper.

UEFA’s FFP regulations, first introduced in 2011, are designed to prevent clubs from relying on huge investments by wealthy owners and to stop excessive spending on transfers and wages.

However, there are concerns that clubs could try to get around the rules by using inflated sponsorship deals with sponsors linked to club owners.

PSG, reigning French champions and currently sitting at the top of Ligue 1, became one of the world’s richest clubs after being bought by the Qatari royal family in 2011.

The club receives much of its funding through a sponsorship deal with the Qatar Tourism Authority (QTA), worth up to 200 million euros a year.

“Let’s say simply that the economic model of PSG is special and atypical,” Platini said. “This contract with QTA is innovative … But is it valid? Is the value of the deal correct? These are questions that the experts must decide.”

No Champions League expulsions

Those clubs found in breach of FFP could face stern penalties, including expulsion from the Champions League and Europa League competitions.

But with the first sanctions set to be announced by UEFA in early May, Platini told "Le Parisien" that European football’s governing body will not impose the toughest punishments at this stage.

“If you’re expecting blood and tears, you’ll be disappointed,” he said. “There will be some tough measures but not expulsion from European competitions.”

Nevertheless, Platini dismissed suggestions UEFA would be lenient on clubs that flout the rules.

"You will see. But I think significant sanctions will hit big clubs. We will see this through,” he said.

Other punishments UEFA could impose include points deductions and limits on registering new players for European competitions.

Date created : 2014-04-24

  • FOOTBALL

    PSG clinch fourth League Cup title after beating Lyon

    Read more

  • CHAMPIONS LEAGUE

    Chelsea cruise to semi-finals with victory over PSG

    Read more

  • FOOTBALL

    Monaco hold PSG in battle of big spenders

    Read more

COMMENT(S)