PSG, Man City set to benefit from expected end to financial fair play restrictions - News Summed Up

PSG, Man City set to benefit from expected end to financial fair play restrictions


PSG, Man City set to benefit from expected end to financial fair play restrictionsManchester City and PSG have regularly been accused of not respecting UEFA's financial fair play rules, but these rules are set to change. The story of PSG, City and Financial Fair Play (FFP) is essentially the story of the last decade in European football. Abu Dhabi's Sheikh Mansour bought City in 2008, while in 2010 Qatar Sports Investments purchased PSG. Also in 2010, UEFA introduced FFP in response to a debt crisis that was submerging clubs across the continent. FFP meant clubs could not lose more than 30 million euros ($35.2m) over a three-year period if they wanted to play in European competition.


Source: Bangkok Post September 26, 2021 03:22 UTC



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