Much to the chagrin of those who dislike Paris Saint-Germain, the club has been able to largely avoid major sanctions due to Financial Fair Play infractions.
Despite setting a record with the €222 million transfer of Neymar Jr. from FC Barcelona and another €180 million on Kylian Mbappé who joined from AS Monaco, PSG has been incredibly smart by offsetting those signings with lucrative partnership deals.
Heading into a summer where multiple quality signings are necessary to fill out the squad, the Ligue 1 champions received a boost of sorts as RMC Sport reports there will be three changes to the Financial Fair Play regulations in the aftermath of the coronavirus crisis.
The first change is the span of time in which a club’s financial accounts will be analyzed. It was previously 12 months but now the instruction chamber of the Financial Control Authority (ICFC) will look at a club’s finances over 24 months.
The biggest change comes in the amount of money a club is allowed to use. The report revealed that the authorized deficit, which was €30 million, will be doubled to €60 million over the 24 month period.
Lastly, there will be no hearings this fall about potential sanctions to levy on teams in violation of the rules for the 20119-20 season. Instead, seasons will be grouped together and discussed next year.
With two years to balance their books and double the deficit allowed, PSG could spend big this summer to bring in the right players to win the UEFA Champions League (that is if they don’t win it this season).
However, facing colossal losses due to the coronavirus, these relaxed regulations may not mean much even for a club with PSG with seemingly unlimited resources.
Want more PSG? Visit the PSG Talk Podcast Network page and subscribe to PSG Talking, The 1970, and 24th & Parc.