Home Sports La Liga asks UEFA to investigate Man City over transfers

La Liga asks UEFA to investigate Man City over transfers

0
246

Manchester City's Spanish manager Pep Guardiola shouts instructions to his players from the touchline during the English Premier League football match between Manchester City and Crystal Palace at the Etihad Stadium in Manchester, north west England, on May 6, 2017. Oli SCARFF / AFP

Organic Creame

The Spanish football league, La Liga, has asked European football’s governing body UEFA to open an investigation into whether big-spending Manchester City have breached Financial Fair Play regulations.

La Liga, outspoken over what it dubs “state-aided financial doping”, “is pleased that UEFA has opened a formal Financial Fair Play (FFP) investigation into Paris Saint-Germain. The investigation comes after La Liga formally requested such probes into PSG and Manchester City FC in August”.

La Liga made two requests on August 22 that UEFA probe PSG and City, laying out the financials of both clubs, which it argues have “no basis in the realities of the market. Specifically, both PSG and Man City benefit from sponsorships that make no economic sense and lack any fair value”.

La Liga president Javier Tebas added: “PSG is a habitual offender and has been violating UEFA’s Financial Fair Play regulations for years.

“It is important that UEFA doesn’t just look at the most recent player transfers, but at PSG’s history of non-compliance. The transfers are merely the result of years of financial doping at PSG.”

Tebas added: “PSG and Man City’s funding by state-aid distorts European competitions and creates an inflationary spiral that is irreparably harming the football industry.

“UEFA must enforce FFP regulations to avoid discrimination among clubs.”

Qatari-owned PSG have spent 380 million euros ($450.66m) to secure the services of Neymar and Kylian Mbappe, while Man City, owned by the Abu Dhabi United Group, have splashed more than £200 million (218m euros) on full-backs Benjamin Mendy, Kyle Walker and Danilo, goalkeeper Ederson and attacking midfielder Bernardo Silva.

“La Liga calls on UEFA to proceed with its investigation, taking into account the full history of PSG’s actions. Additionally, La Liga calls on UEFA to open a similar investigation into Man City,” the association of Spain’s top football teams said in its statement.

Source: G Sport

Latest News
Aviation Minister Demands Peter Obi's Apology, N25,000 Fine Over Abuja Airport Parking IncidentKill Terrorists, Bandits Instantly, Defence Minister Urges Security Agencies, Says Insecurity To Become History SoonRethinking How Nigeria Supports SME GrowthFrom Nutrition To National Security: A Governance Lesson In Coordination & OwnershipStanbic IBTC Capital Named Nigeria's Best Investment Bank at 2026 Global Banking and Finance Review AwardsNNPC Seals Six Gas Deals To Boost Industrialisation, Energy SecuritySenate Queries N943m Allowances Paid to North-West Development Commission BoardStanbic IBTC Bank's Economic Forum Charts Nigeria's Path Through A Shifting Global EconomyTHE YEWA AWORI SOCIO-ECONOMIC BLUEPRINTS FOR THE YAYI ERA AND BEYONDEMHF Opens Heritage Event Hall, Unveils Vision For Africa’s Premier Music Heritage CentreNigeria’s Youngest Chartered Accountant, 16-Year-Old Danielle Osasere, Honoured At MFM Prayer CityThe Kick Of A Dying Horse: Rejecting The Retrogressive Agents Of Darkness In YEWA-AWORI LandNigerians Must Embrace Production, Entrepreneurship To Become Great- Emir of DutseTASFUED Holds Formal Investiture Ceremony for Sixth Substantive Vice-ChancellorOlodo Uprising: Carter Efe mirrors our collective disaster