Paris Saint-Germain have appealed to the Court of Arbitration for Sport (Cas) to stop Uefa re-examining their decision to clear the club of breaching Financial Fair Play (FFP) regulations.
European football’s governing body opted to review the investigation in July, having cleared the Ligue 1 champions of contravening FFP a month earlier.
PSG, who in 2017 signed Neymar for a world-record €222-million and Kylian Mbappe on an initial loan before making the deal permanent for €180m, raised funds of around €50m through transfers at the request of Uefa to avoid sanctions for the 2015, 2016 and 2017 financial years.
” The Court of Arbitration for Sport says the case is confidential and gave no further details. PSG has long been a target of UEFA’s ‘Financial Fair Play’ rules, which monitor overspending. .. https://t.co/KRIzQwqM2n pic.twitter.com/c2caGVIjxI
— Soccer News (@socnew1) November 6, 2018
A statement from Cas read: ‘The Court of Arbitration for Sport (Cas) has registered an appeal filed by the French club Paris Saint-Germain Football SASP (PSG) against a decision rendered by the European Football Association (Uefa) in September 2018.
Financial cheating by PSG and MCFC was known all along – and covered, in depth, as it unfolded, earning the love & respect of City fans forever – what *is* new is Infantino’s role as then UEFA boss in letting them off. The mark of the man. Whither now? pic.twitter.com/Jp2PU0glmS
— Nick Harris (@sportingintel) November 2, 2018
‘At the parties’ request, the procedure will be conducted on a confidential basis with the exception of the final award which will be published.
‘In these circumstances, Cas is unable to provide any further information regarding the matter.’
