How Man City, PSG Breached Financial Fair Play Rules- LaLiga
Thompson Nsisongabasi
Jun 16, 2022
Spanish League, LaLiga has hit out on Manchester City and Paris Saint Germain, accusing the two sides of breaching Financial Fair Play (FFP) rules.
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LaLiga, insisting their European counterparts have made a total show of all the tenets of the Financial Fair Play (FFP) rules have reported both clubs to UEFA.
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The UEFA Financial Fair Play Regulations (FFP) are a set of regulations established to prevent professional football clubs spending more than they earn in the pursuit of success, and in doing so not getting into financial problems which might threaten their long-term survival.
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Javier Tebas, LaLiga president in an onslaught on Premier League stated the English top flight claimed spending rules "do not exist.''
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Real Madrid missing out on signing Kylian Mbappe who has signed a three-year contract worth a staggering £200m and Erling Haaland's resolve to snub a move to Spain this summer has left Tebas aggrieved.
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[caption id="" align="alignnone" width="1200"] Kylian Mbappe[/caption]
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[caption id="" align="alignnone" width="1440"] Erling Haaland[/caption]
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A LaLiga statement reads;
La Liga understands that the irregular financing of these clubs is carried out, either through direct money injections or through sponsorship and other contracts that do not correspond to market conditions or make economic sense.
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La Liga considers that these practices alter the ecosystem and the sustainability of football, harm all European clubs and leagues, and only serve to artificially inflate the market, with money not generated in football itself.ÔÇØ
Manchester City and PSG have both been contacted for comment and have previously denied any shortcomings.
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— Thompson Nsisongabasi