Paris St. Germain Looking To Balance Budget To Avoid Financial Fair Play Sanctions

From now through June 30, the end of the ’17-18 fiscal year, Paris St. Germain must earn €75M ($87M) to be within the limits of financial fair play, according to Hermant & Delom of L’ÉQUIPE. Since Sept. 1, under pressure from big European clubs, UEFA has been investigating PSG’s accounts for this season following the “historic” transfers of Neymar (€222M) and Kylian Mbappé (€145M). This season, PSG forecast revenue between €540M-€550M ($630M-$641M) for an expenditure budget of between €600M-€620M ($700M-$723M). To balance both, Parisian management “must find money, through selling players, or increasing its income.” After a ’16-17 season that included losing the French title and being eliminated from the Champions League, PSG has not “achieved its financial goals and had to settle” for a budget of around €500M ($583M). This season, the club expects “significant increases” in all areas (sponsorship, merchandise, tickets, TV rights and tournaments) by June (L’ÉQUIPE, 11/13).