×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Read on the App

Run-away spenders PSG set for Uefa sanctions following breach on Financial Fair Play

PSG president Nasser Al-Khelaifi. [PhoTo: Courtesy]

Free-spending French giants Paris Saint-Germain (PSG) are set to face Uefa sanctions for breaches of its Financial Fair Play (FFP) rules, according to a report by the Financial Times on Wednesday that claims PSG “overstated” sponsorship contracts to the tune of €200 million (Dh907m).

Bankrolled by Qatari owners, PSG smashed the world transfer record by signing Brazilian star Neymar for €222 million in August and committed to completing another €180 million deal for French teenage sensation Kylian Mbappe this summer when agreeing a one-year loan deal from Monaco a few weeks later.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in