Sports

Man City and PSG putting European football in danger – La Liga boss

European football is in “danger” unless “state-owned” clubs such as Manchester City and Paris St-Germain can be controlled, the president of Spain’s top league says.

Regarding alleged Financial Fair Play violations by the two teams, La Liga has complained to Uefa.

It thinks affluent nations successfully control them and get around regulations intended to keep expenditure manageable.

The accusations have been vehemently refuted by both teams.

Premier League champions Sheikh Mansour of the United Arab Emirates holds a controlling stake in Manchester City, while the Emir of Qatar owns the French champions PSG.

According to La Liga President Javier Tebas, “We’re doing everything to safeguard the football eco-system in Europe.”

“We believe that European soccer is in danger. We were unable to create a framework to regulate the state-owned clubs.

He has harshly criticized PSG for signing star striker Kylian Mbappe to a new multi-million dollar contract.

He said, “We’ve filed official charges about PSG for financial doping,” during a European Leagues conference in Amsterdam.

“Uefa has permitted losses since clubs have decreased their turnover, although PSG’s payroll cost climbed dramatically during Covid.

Their salary for 2021–22 was 600 million euros. It cannot be done. Without including Mbappe, that is. It is clear that they are not following the Financial Fair Play regulations. The whole European financial eco-system is in peril.

Although La Liga claims it maintains the ability to extend these complaints, the one against PSG was filed last week, and the one against City in April.

A two-year Champions League suspension issued on City by Uefa for FFP violations was reversed by the Court of Arbitration for Sport in July 2020.

Tebas continued, “Man City once derived 68 percent of its income from commercial sources. Real Madrid possessed 54%. It is not feasible. Man City’s brand is not very valuable. They received a sanction, but it was lifted. Even more clear is PSG. It’s completely not feasible. Inflated contracts were made.

“The bulk of football players work to keep their financial situation under control. Since they are state-owned, there is no issue. It has to do with money.

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