PSG set for showdown talks with UEFA amid broken FFP claims

Ligue 1 By: Ambrose Udeme | 12/04/2018

Kylian Mbappe, Neymar Jr., Paris Saint-Germain

Ligue 1 giants Paris St-Germain are reportedly set to meet with UEFA amid reports of evidence that the club have broken Financial Fair Play (FFP) rules.

A report in the Financial Times suggests a preliminary investigation shows PSG were paid significantly more than the fair market value in sponsorship deals worth about 200m euros (£174.3m).

According to BBC Sports, UEFA opened an investigation into PSG's spending in September after they broke the world record transfer fee when they signed Neymar who arrived from Barcelona for 222m euros (£200m) in August - more than double the previous transfer record.

The French club also signed Kylian Mbappe on loan from Monaco in deal that is set to be made permanent for £165.7m at the end of this season. After their major summer signings, PSG were accused of "financial doping" by La Liga president Javier Tebas.

PSG said it was "deplorable" that "false information targeting the club has been reported in the British press".

The club said they have a "very clear and transparent view" of their finances, "especially with regards to multi-year contracts with club partners".

The statement added: "Paris St-Germain is in continuous communication with Uefa and the club will go to Uefa as usual in full transparency on 20 April."

PSG will meet Uefa's club financial control body on April, 20. However, several such meetings have already taken place, and no decision on whether any rules have been broken will be made on that day. It is expected any decision on PSG's case will be made by UEFA in early June.

The club owned by the Gulf state of Qatar, via its Qatar Sports Investments fund, since 2011 were punished for breaking FFP rules in 2014. A sponsorship deal with the Qatar Tourism Authority was deemed to have an unfair value by UEFA's independent investigation panel.

European football's governing body UEFA introduced FFP 'break-even' rules in 2013, requiring clubs to balance their spending with their revenue.