Paris Saint-Germain had a deficit of 389 million euros in 2022 and UEFA puts the magnifying glass on Financial Fair Play

the ambition of Paris Saint-Germain is to dominate Europe. Since the arrival of the Qatari capital in the establishment in the French capital, the great obsession has been to win the Champions League, but for now – and since October 2011, when Nasser Al Khelaifi got to the club- he barely managed to reach the final in the 2019/2020 season. The figures add up and the PSG squad has stars Lionel Messi, Kyllian Mbbapé and Neymar, among others, and hope to achieve their goal this season. However, from an economic point of view, there are many doubts and there are many who put the magnifying glass on financial Fair Play.

Now, a report from Football Benchmark indicates that PSG averaged deficit of 389 million euros in the 2021/2022 season. This is the seventh edition of the European Champions Report, the site’s annual publication focusing on the champions of Europe’s top leagues, which has revealed the hole in PSG’s pockets, according to Spanish sports newspaper As.

The new financial fair play allows only 90% of income to be spent on wages and commissions he exposes PSG to the agents. In August, UEFA fined the current Ligue 1 leader a €65m fine, €10m of which is payable immediately and the other €55m suspended in the event of a new breach of financial control.

PSG’s losses are enormous and the salary account is added. According to the newspaper Le Parisien, the club spent €728 million on salaries last season, a figure never seen in the history of football and which explains the economic losses.

However, PSG’s accounts are not in danger in France: the DNCG, the body responsible for supervising the budgets of the clubs, is only asking for liquidity to pay the debts and the club, which has the support of the PSG investment fund of Qatar (QSI ) guarantees the solvency to bear this outlay.

But in Europe the functioning of Fair Play is different and UEFA insists that it could penalize those clubs that do not respect the rules dictated by the financial regulation. PSG already received a preliminary notice in August and the consequences could be more severe if it repeats.

Furthermore, last August PSG exhausted the quota of eight players on loan allowed by the FIFA regulations and if they look to reduce his salary bill they will have to sell, which is why Spaniard Pablo Sarabia is close to a Premier League transfer of England goalkeeper and Costa Rican Keylor Navas, replacing the Italian Ginaluigi Donnarumma, is a candidate for departure.