PSG under pressure to raise €60m from player sales to meet FFP

Failure to comply with Uefa regulations could see French giants sanctioned.

PSG under pressure to raise €60m from player sales to meet FFP

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French giants Paris-Saint-Germain have been warned by European soccer’s governing body that they must sell €60 million worth of players or risk penalty.

A failure to comply with Uefa’s Financial Fair Play (FFP) rules could see sanctions imposed, including the possibility of the club being excluded from European competitions such as the Champions League. The FFP regulations are in place in order to encourage clubs to break even annually.

The news comes a year after the Parisian club broke the world record for a transfer fee in spending €222 million in acquiring Neymar, the Brazilian forward. The club also signed French teenager Kylian Mbappe on loan from AS Monaco, with a potential transfer fee of €200 million.

Uefa has announced that the initial investigation into the club’s finances has been closed, but added that no decision has yet been made regarding PSG’s 2018 accounts.

A Uefa statement said: “The financial impact of transfer activities as from the 2017 summer — up to and including the upcoming transfer window — and compliance with the break-even requirement for the 2018 financial year will remain under close scrutiny and will be thoroughly looked at in the coming weeks.”