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PSG step up transfer plans as UEFA lift financial fair play restrictions - report

Paris Saint-Germain will have a free hand in this summer's transfer window after UEFA lifted financial fair play (FFP) restrictions on the Ligue 1 champions, according to L'Equipe.

PSG were told they could spend only €60 million per transfer window last summer before having to trim their squad when UEFA handed down their first raft of FFP punishments a year ago.

The French club were limited to 21 players, rather than the usual 25, for last season's Champions League and were also fined for breaching FFP regulations.

The Ligue 1 champions faced having only €48m to spend this summer having already promised €12m to Toulouse to make Serge Aurier's loan deal permanent.

But after inspection of the club's finances by UEFA's Financial Control Panel, which found PSG's books balanced, UEFA will lift the restrictions on the club.

In a deal struck with UEFA last year, PSG had promised to reduce their deficit to €30m by the end of last season and balance their books by the end of the 2015-16 campaign.

UEFA's decision to lift the restrictions will leave PSG free to pursue the likes of Cristiano Ronaldo and Angel Di Maria, according to the Daily Telegraph.

The latter was heavily linked with a move to the French capital last summer before joining Manchester United, while the Argentina international later said that PSG's "money problems" were the main reason behind the failed bid.

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