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Neymar: UEFA Begins Financial Fair Play Investigation Into PSG by newsbook: 8:31am On Sep 02, 2017 |
Union of European Football Association (UEFA) has placed French club, Paris St Germain, under investigation to see if their recent transfer spending spree has broken the break-even rules of European soccer’s ruling body known as Financial Fair Play (FFP). The Qatari-owned club last month bought Brazil forward Neymar from Barcelona for 222 million euros, more than double the previous highest price paid for a player. They spent more than any other club in a single transfer window. However, FFP rules ban clubs from spending more than their generated revenue, a policy introduced to prevent rich owners from trying to buy success and distorting the transfer market. Read more: http://www.newsbook.ng/2017/09/02/neymar-uefa-begins-financial-fair-play-investigation-into-psg/ |
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