PSG: what QSI will change to respect financial fair play

PSG are among the clubs that should be sanctioned by Financial Fair Play. The Parisian owners would intend to comply with its new regulations in the coming seasons. In its edition of the day, Le Parisien returns to the sanctions which should concern PSG, within the framework of financial fair play. UEFA accuses the Parisian club of exceeding the ceiling of 30 million euros of authorized deficit over the last three years. The body should thus impose a fine of between 10 and 15 million euros (depending on the sources), next month. The media specifies that the Parisian leaders approached the commission to explain that the budgetary imbalance was in particular linked to the economic crisis generated by the pandemic and to the Mediapro hiccup, which caused a drop in TV rights. Their arguments did not hit the mark a priori. Less expensive recruitment, reduced salaries The newspaper recalls that PSG had a deficit of 125 million euros in 2019-2020, 225 million euros in 2020-2021, and about the same in 2021-2022. According to his information, the owner QSI intends to rebalance the Parisian budget so as to comply with its new regulations, from 2022-2023. The authorized deficit over three years will eventually be 60 million euros and the work of the Parisian leaders therefore involves reducing the wage bill and limiting investments for the transfer window. Concretely, with regard to wages, the payroll will have to reach 60% of the amount of revenue, whereas it is currently around 85%. Great efforts will therefore have to be made on remuneration. And for the transfers, the leaders presented accounts to the DNCG with 80 million expenses for the transfer window. The balance is currently -62 million euros for recruitment: this explains why some files are on hold pending sales. The end of recruitment depends on the degreasing operation. Repubblica: UEFA will fine #PSG 10M for violating Financial Fair Play rules. 16 European clubs are concerned, including 4 Italians. Inter and Roma towards sanctions in 2023, “only” a fine for Juve and Milan. pic.twitter.com/6vKhFJKLJS — GuillaumeMP (@Guillaumemp) August 24, 2022