The PSG can stay without european competition for sponsorship contracts inflated in the past

In the summer, the UEFA already down 37% for the contracts signed from 2015 with entities qatari, especially with the 'Qatar Tourism Authority' The Paris Sa

The PSG can stay without european competition for sponsorship contracts inflated in the past

In the summer, the UEFA already down 37% for the contracts signed from 2015 with entities qatari, especially with the 'Qatar Tourism Authority'

The Paris Saint-Germain (PSG) may be excluded from european competitions because of their contracts past sponsorship agreements signed with entities qatari, judged to be well above the market price. Until now, the problem was in the agreements initialled by 2015, but according to 'L'equipe' the House of Judgment of the UEFA, which decided to reopen the case, you want a review of the seasons 2013-2014 and 2014-2015.

A decision that does not share the club, for the that the agreement reached in 2015, with the Chamber of Instruction was good those contracts indicates this Wednesday, the daily sports newspaper. For this reason, the PSG has decided to appeal to the Court of Arbitration for Sport (TAS) so that it is recognised that situation.

The difference is substantial because if the club seemed able to adapt to the impositions of the UEFA with the validation of such contracts, without the inclusion in its accounts of the income of the previous years your balance would be much more complex.

The team remains in the status dictated by the board of education of the UEFA last June 13, which already reduce by 37% the sponsorship contracts signed from 2015 with entities qatari, in particular with the 'Qatar Tourism Authority'.

Not passed to the GRB to the condition that he be able to keep its deficit below 30 billion euros, a figure that may be undertaken. But on 3 July, the trial chamber improperly considered the opinion and ordered further review of their accounts.

Punishment of 2014

In particular, according to 'L'équipe', the aim is to correct the lower the value of the contracts for those two previous seasons, which make it much the balance required by the rules of financial fair play.

As the PSG was already punished in 2014 for violating those rules -then he blocked the signings-would be a repeat offender, which means that UEFA could even exclude them from the european competitions.

The signings of Neymar, who paid Barcelona 222 million euros, and Kylian Mbappé, which cost 180 million, accompanied by their pharaonic wages, out of whack, in that context, the accounts of the club, which without Europe would be deprived of their main source of income.

The ball is now in the roof of the TAS, to which the PSG argues that the decision taken at first instance validated their accounts, and the fault of the review of their case to the pressure of other clubs and other championships, in particular the Spanish league.

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Updated Date: 16 November 2018, 08:00

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