Menu
Finance

Barcelona Will Report PSG For Breach Of FFP If Club Pays Neymar's Buyout Fee

Barcelona will report Paris St. Germain for a breach of UEFA's financial fair play rules if the French club ends up paying Neymar's €222M ($260.9M) buyout clause, club sources said, according to Samuel Marsden of ESPN.com. There is no mechanism for a club to "report" another club for potential breaches of FFP, but Barcelona "can put pressure on UEFA's Club Financial Control Body to apply the stiffest possible sanctions" if PSG is "found to be in breach." Neymar is "considering an offer from PSG," which sources have said is worth €30M ($35.3M) annually post-tax, but Barça is "not willing to negotiate the Brazilian's sale." Therefore, PSG's only way to sign the forward would be to match his buyout clause, "more than doubling the highest fee ever paid for a player" when Paul Pogba joined ManU from Juventus for €105M last summer. However, Barça believes "no club is capable of paying that sort of money" -- plus the taxes, wages and bonuses included in the deal -- without breaching UEFA's FFP regulations, and will ask European football's governing body to investigate "where the money came from." Another source said on Saturday that PSG is confident it has "found a way to activate Neymar's clause that remains within the FFP limits" (ESPN.com, 7/29).

PARTY TIME: ESPN.com's Jonathan Johnson reported PSG is so confident that it has convinced Neymar to join the club that it has "already started to consider how to unveil him" as its latest signing, a source said. The options being considered are "believed to include a public presentation in Paris and a one-off event at the capital club's Parc des Princes home." The source said that PSG has already contacted the Paris police to "enquire about the possibility of a public event," the likes of which it has been "unable to host since unsavoury scenes that marred Ligue 1 title celebrations" in '13, its "first league success in 19 years." This makes an event at Parc des Princes "more likely than a glitzy gathering in the City of Light" (ESPN.com, 7/29).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2017/07/31/Finance/Neymar.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2017/07/31/Finance/Neymar.aspx

CLOSE