UEFA has opened an investigation into Paris Saint-Germain for any financial fair play violations, European football’s governing body announced on Friday.
This decisive move comes one day after the close of the transfer window in which PSG secured the two highest-priced transfers of all time in Neymar and Kylian Mbappe for more than €400 million.
UEFA’s Club Financial Control Body is watchful of all clubs as a matter of course but still ensured they announced the investigation into PSG and said the summer splash were behind their move.
“The investigation will focus on the compliance of the club with the break-even requirement, particularly in light of its recent transfer activity,” a UEFA statement said.
“In the coming months, the Investigatory Chamber of the UEFA Club Financial Control Body will regularly meet in order to carefully evaluate all documentation pertaining to this case.
“UEFA considers Financial Fair Play to be a crucial governance mechanism which aims to ensure the financial sustainability of European club football.”
PSG has already written off €104m including wages, this summer, and hinted that more players were likely to be sold before UEFA examines its books.
It said: “The club also reminds, if necessary, that it has under contract many high valued players allowing the club to generate very significant capital gains in the next two transfer windows (January and June) of 2018.”
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