PSG set for quadruple FFP sanctions
Paris Saint-Germain can expect to be hit by a four-pronged punishment when UEFA hands out its first financial fair play (FFP) sanctions later this week, L'Equipe has claimed.
France's main sports daily reported on Tuesday the French champions have failed to convince European football's governing body their recently signed contract with the Qatar Tourism Authority (QTA) is not overvalued.
The deal, which brings the club up to 200 million euros a year, thus allowing them to squeeze inside FFP thresholds, has reportedly been valued at only half that amount by UEFA experts.
Consequently, UEFA and PSG have reached agreement on a moratorium which protects the club from any further, immediate sanctions, but does impose upon their owners, Qatar Sports Investments (QSI) a number of damaging restrictions.
PSG, which boasts Europe's highest wage bill at 240 million euros, will not be allowed to increase the amount it pays in salaries, and they will have to sell players before being able to spend in the coming transfer window.
UEFA will also reportedly ask PSG to limit their transfer activity, allowing them to buy one player at 60 million euros, but forbidding them to break down that sum to buy two players, for example, at 30 million euros or three at 20 million euros.
PSG's Champions League campaign next season will be hit with Les Parisiens permitted to only name a 21-man squad instead of the usual 25. Eight of those players will need to be homegrown, thus restricting coach Laurent Blanc's options.
Furthermore, PSG will have to pay a 60 million euro fine spread over the next three years and reduce their losses to 30 million euros, rather than the 45 million euros stipulated by FFP regulations, by the end of the 2014-15 season.