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UEFA orders ‘further investigation’ of PSG over financial fairplay

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UEFA said Monday it had ordered accusations that Paris Saint-Germain has broken its financial fair play rules to be referred to its financial unit “for further investigation”.

(FILES) In this file photograph taken on January 30, 2018, Paris Saint-Germain’s French forward Kylian Mbappe (L) reacts as the referee gives him a red card during the French League Cup football semi-final match between Rennes and Paris Saint-Germain at the Roazhon Park stadium in Rennes.
19-year-old Kylian Mbappé will have to serve a three match suspension, the Disciplinary Committee of the Professional Football League (LFP) announced on September 5, 2018, after his red card in Nimes. / AFP PHOTO
European football’s governing body initially opened an investigation into the Qatari-owned club’s spending in September 2017 under pressure from some of Europe’s biggest clubs after the French club signed Brazilian midfielder Neymar for a world-record 222 million euros ($261 million).

Within weeks the club had also agreed a deal to sign teenage striker Kylian Mbappe from Monaco for 180 million euros.

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In June, UEFA’s Club Financial Control Body (CFCB) closed its investigation only to re-open it just a month later.

UEFA said on Monday the case had now been referred “back to the CFCB Investigatory Chamber for further investigation”.

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