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UEFA Reopens Financial Fair Play Investigation Into Paris St. Germain

UEFA’s Club Financial Control Body decided to take a “deeper examination” of Paris St. Germain’s financial fair play record, according to LE PARISIEN. In a statement, PSG said, “The club will continue to communicate with the appropriate bodies of the CFCB and will transmit all information deemed necessary by the adjudicatory chamber.” PSG was originally cleared of any wrongdoing in June when UEFA said that the club’s break-even result was “within acceptable deviation” for the past three financial years (LE PARISIEN, 9/25). The PA reported the decision to drop the investigation in June was “greeted with some surprise” and it is understood some members of the investigatory team believe the club’s sponsors have been “paying inflated sums to boost income artificially,” which the club denies. Media attention on the club’s spending intensified in the summer of '17 when it bought Neymar for a world-record €222M from Barcelona and then secured Kylian Mbappé from Monaco. Mbappé was signed on a season-long loan followed by a €180M payment this summer -- an arrangement critics have argued helped the club "circumvent" financial fair play spending limits. Those two transfers are not part of the UEFA investigation, as they will not show up in PSG’s accounts until this year (PA, 9/24).

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