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Neymar: UEFA Begins Financial Fair Play Investigation Into PSG - Sports - Nairaland

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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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