PSG to fall foul of Uefa financial investigation, says report

PSG in trouble over breaches of Financial Fair Play

Paris Saint-Germain have issued a strong denial following reports the Ligue 1 leaders could be sanctioned over UEFA's Financial Fair Play (FFP) regulations.

Along with a €60m fine - which was later reduced to €20m - PSG had their Champions League squad limited to 21 players in 2014-15, while spending restrictions were also imposed.

The French club's world record £198million purchase of Brazilian star Neymar and their subsequent acquisition of French striker Kylian Mbappe will likely become the next focus of UEFA's investigators. Javier Tebas, the president of La Liga, accused PSG of financial doping and "peeing in the swimming pool" and promised to formally complain to Uefa.

"The contract between PSG and the Qatar Tourism Authority has been carefully considered and a fair value, significantly below that submitted by the club, has been assigned", Uefa ruled at the time.

Uefa won't make a final decision before the end of the financial year at the end of Juve.

According to The Financial Times, the probe is also looking at whether some of the sponsorship money had come from "related parties" with financial or other links to the club's Qatari owners.

Rennova Health, Inc. (RNVA) Titivates on Volatility and Performance Measure
The Average True Range, a measure of volatility is at 0, however its weekly and monthly volatility is 43.12%, 32.69% respectively. The stock witnessed 58% gains, -59.28% declines and -99.38% declines for the 1-month, 3-month and 6-month period, respectively.

European football's governing body Uefa introduced FFP "break-even" rules in 2013, requiring clubs to balance their spending with their revenue.

Octagon are understood to have assessed the deal's benefit to the QTA is very much less than the money the QTA is paying PSG.

However, a probe into the club's financial situation by Uefa has found they "overstated" their so-called £2oom income from sponsors.

The club are understood to have commissioned their own independent valuation, and to be arguing the sponsorships are fair value, given the increased profile generated by the Neymar and Mbappé signings.

European football's governing body will discuss the case on Friday, April 20 in the latest of a series of meetings following the launch of the investigation a year ago.

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