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Man City signed Kyle Walker from Tottenham during the
summer
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Monday, September 4, 2017 –
1:44pm
La Liga’s president has urged Uefa to investigate
Manchester City over claims it has breached financial fair play
rules.
Uefa last week launched a probe into Paris
Saint-Germain’s big spending and now the Spanish league wants
European football’s governing body to add the Manchester giants to
its investigation. Both clubs have been sanctioned before over
financial fair play regulations.
According to the BBC, however, Uefa is not investigating Manchester
City despite reports. The Uefa statement said: “There is no
investigation into Manchester City with regards to FFP regulations.
Any reports mentioning such an investigation are
unsubstantiated.”
Man City to land Kyle Walker with record fee for a
defender Neymar to PSG: The politics behind the transfer
saga
In a statement to the Associated Press, La Liga president Javier Tebas said
that spending from state-funded clubs “is irreparably harming the
football industry”. City are owned by Abu Dhabi while Qatar owns
PSG.
Tebas claims City and PSG “benefit from
sponsorships that make no economic sense and lack any fair value”.
He said: “PSG and Man City’s funding by state aid distorts European
competitions and creates an inflationary spiral that is irreparably
harming the football industry.
“Uefa must enforce FFP regulations to avoid
discrimination among clubs.”
This summer PSG broke the world transfer record
by signing Neymar from Barcelona for €222million (£204m). They also
added Monaco’s Kylian Mbappe on a season-long loan deal and will
sign him next summer for a reported €180m (£165m). According to the
AP report this deal is seen as unusual as it will delay PSG’s
financial commitment to the deal.
City were Europe’s biggest spenders this summer
with transfer outlays exceeding £220m. Defenders Kyle Walker from
Tottenham and Benjamin Mendy from Monaco cost £100m
alone.
According to Uefa’s financial fair play rulings for
the current three-year assessment period until 2018, clubs that
play in European competitions can incur losses of €30m (£27.5m) and
not just rely on money injected into the club by
owners.
In his statement to Uefa, Tebas cited that
sponsorship by state-backed companies helps City and PSG inflate
their incomes.
City are sponsored by Abu Dhabi’s state-owned
Etihad Airways, the Abu Dhabi Tourism & Culture Authority,
investment fund Aabar, communications firm Etisalat and First Gulf
Bank.
Last season PSG were sponsored by seven Qatari
firms: Ooredoo communications, Qatar National Bank, Aspire Academy,
Aspetar hospital, Katara cultural project, broadcaster BeIN Sports
and Qatar Tourism Authority.
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