CAIRO - 4 September 2017: La Liga’s, the association of Spain’s top football teams, President Javier Tebas applauded on Monday the Union of European Football Associations’ (UEFA) decision to open a Financial Fair Play (FFP) investigation against Paris Saint-Germain (PSG) City after their transfer policy.
“PSG is a habitual offender and has been violating UEFA’s Financial Fair Play regulations for years, it is important that UEFA doesn’t just look at the most recent player transfers, but at PSG’s history of noncompliance. The transfers are merely the result of years of financial doping at PSG,” Tebas told La Liga’s official website.
PSG, owned by Qatari Businessman, Nasser Al Khelaifi signed Neymar da Silva Jr. from Barcelona for €222 million ($264 million) making the Brazilian the highest transfer in history. The club also signed Kylian Mbappe from As Monaco for €180 million to make him the second highest transfer.
“PSG and Man City’s funding by state-aid distorts European competitions and creates an inflationary spiral that is irreparably harming the football industry,” Tebas continued.
UEFA announced on Friday opening investigations against Paris Saint-Germain for their violations to FFP.