PSG appeals to CAS to stop UEFA investigation

UEFA reopened an investigation into PSG after initially clearing it of FFP breaches and the club has appealed to CAS to stop the probe.

Published : Nov 06, 2018 00:11 IST

The Parc des Princes, home of Paris Saint-Germain
The Parc des Princes, home of Paris Saint-Germain
lightbox-info

The Parc des Princes, home of Paris Saint-Germain

Paris Saint-Germain has appealed to the Court of Arbitration for Sport (CAS) to stop UEFA re-examining its 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, which in 2017 signed Neymar for a world-record €222million 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.

READ: Henry still winless as Monaco loses at Reims

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."

"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."

Sign in to unlock all user benefits
  • Get notified on top games and events
  • Save stories to read later
  • Access to comment on every story
  • Sign up / manage to our newsletters with a single click
  • Get notified by email for early bird access to discounts & offers to our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide to our community guidelines for posting your comment