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Home / News / Sports News / Javier Tebas says PSG make mockery of FPP system
  • Sports

    Javier Tebas says PSG make mockery of FPP system

    NewsBytes Desk
    Written by
    NewsBytes Desk
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    Last updated on Sep 08, 2017, 08:54 am
    Javier Tebas says PSG make mockery of FPP system
  • Javier Tebas, president of Spain's La Liga, believes that Qatari-owned French side Paris Saint-Germain are "laughing" at the financial fair play (FPP) system.

    The 55-year-old issued a warning that if UEFA's response to La Liga's concerns, regarding the lavish spending of both PSG and Abu Dhabi-owned Manchester City, was not satisfactory, then he would take the case to Brussels and the European Union.

  • In this article
    What are FFP rules? PSG, City spent millions in the summer transfer window UEFA investigating PSG's transfers
  • FFP what?

    What are FFP rules?

    What are FFP rules?
  • According to UEFA, the FFP, introduced in 2010, is "about improving the overall financial health of European club football".

    It was the brainchild of Michel Platini, the former president, and was intended to force clubs to spend within their means and thereby prevent them from running into huge debts and the risk of bankruptcy.

    Essentially, "clubs have to prove they have paid their bills".

  • Big spenders

    PSG, City spent millions in the summer transfer window

    PSG, City spent millions in the summer transfer window
  • PSG paid Barcelona a whopping 222 million euros to prise Brazilian superstar Neymar away from the Catalan club.

    Then, they loaned AS Monaco's highly-rated youngster Kylian Mbappe, with an option to buy him for 180 million euros next season.

    City, as well, spent almost 242 million euros in the window, as they signed Danillo, Bernardo Silva, Ederson and Kyle Walker.

  • Tebas's quotes

    UEFA investigating PSG's transfers

    UEFA investigating PSG's transfers
  • UEFA has launched an investigation, promising to see whether or not PSG has broken any FPP rules.

    Tebas said, "PSG are laughing at the system. All PSG have to do is turn the gas tap. This is what they have been doing for the past four years. We have to get a system that is fair to the victims."

  • Spain
  • Football News
  • European Union
  • Manchester City
  • Javier Tebas
  •  
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