Воскресенье, 21 Апреля, 2019

Big win for PSG as Uefa financial probe dropped

Paris St Germain and their owners have consistently denied all claims that they have cheated Paris St Germain and their owners have consistently denied all claims that they have cheated
Sidney Guerrero | 20 Марта, 2019, 19:27

Paris St-Germain have won a legal challenge that means Uefa can not re-open an investigation into the French champions' finances up to June 2017.

Uefa had originally cleared PSG of wrongdoing in June following an investigation triggered by PSG splashing out 400 million euros ($454 million) to buy Brazilian superstar Neymar and French phenomenon Kylian Mbappe.

Those expenses aroused anger and complaints from clubs and leagues across the continent, such as LaLiga Santander, who publicly bemoaned the fact that PSG benefited from monetary contributions from Qatar, which went against the spirit of FFP.

PSG appealed to CAS in October after the chairman of the Club Financial Control Body, the independent committee which oversees UEFA's financial fair play rules, made a decision to look into the French side's books in September, despite his chief investigator closing the probe in June.

"The decision issued on 13 June 2018 by the Investigatory Chamber of the UEFA CFCB in which the investigation into Paris Saint-Germain's compliance with the UEFA Financial Fair Play regulations was closed is thus final and binding". The Adjudicatory Chamber ruled on September 19 2018 that the case should be referred back to the Investigatory Chamber for further investigation.

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The club successfully argued that UEFA missed the deadline set out in the CFCB's Procedural Rules, which allow for a 10-day period during which any review should be instigated and completed.

"UEFA will analyse this latest CAS award in detail and will consider implementing as soon as possible any clarifications or amendments to its rules that may result from the analysis of the above mentioned award". "The Challenged Decision was untimely and must be annulled".

PSG and their owners have consistently denied all claims that they have cheated.

UEFA's initial investigation was to examine whether PSG had flouted rules aimed at preventing clubs from spending more than they generate through revenues.

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