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May 18, 2014

Al-Khelaifi to keep spending

Paris St Germain president Nasser al-Khelaifi has claimed UEFA's financial fair play ruling against his club will have no impact on the way they operate in the future.

PSG president Nasser al-Khelaifi welcomes the club's rivalry with Monaco.
Nasser al-Khelaifi has spent a lot on his Paris club.

- Marcotti on FFP
- Johnson: Record breakers

PSG were, alongside Manchester City, handed a 60 million euro fine (of which 40 million euros is suspended), limitations on next season's Champions League squad, and a transfer spending cap after being found to be in breach of FFP regulations.

However, after several summers of huge spending at the Parc des Princes, Al-Khelaifi claims the penalties will do nothing to stop him signing the players he wants for the club.

"The players that I want, I will have,'' he said in comments reported by L'Equipe. "This changes nothing of the project, the motivation of the club and the players. We respect and accept this decision. But nothing and no one will stop us, we always dream bigger.

"We had a plan over five years when we bought the club and that will not change. We have already invested a lot in the last three years and we will continue.''

PSG fell foul of the FFP regulations due to the out-sized nature of their 200 million euro sponsorship deal with the Qatar Tourism Authority, seen as a linked organisation as they are owned by a Qatari sovereign wealth fund. However, Al-Khelaifi defended the deal.

"Paris deserves a big club which deserves big sponsors,'' he said. "It is not very difficult, an I expect to see our revenues grow.''

Asked about their future recruitment plans, he added: "To be clear, the players that I want, I will have. We have options and perhaps there will be signings this summer.''

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