Uefa could boot PSG out of Europe if they fail to balance books but Al-Khelaifi says Ligue 1 giants have a year
PARIS SAINT-GERMAIN president Nasser al-Khelaifi insists the club have NOT broken any Financial Fair Play rules.
Uefa have opened an investigation into the Ligue 1 club over their world-record £198million deal to sign Neymar – and could boot them out of Europe.
PSG appear to have swerved further FFP problems by striking an agreement with Monaco to sign Kylian Mbappe on loan – with £166m due next summer.
FFP rules state that clubs cannot make losses of over 30m euros (£27m) over any given three-year ‘assessment period’.
Initial reports in France suggested that PSG would have to come up with close to £100m by December to avoid sanctions.
But Al-Khelaifi says they have a year to balance the books and reckons revenues are growing so fast it won’t be a problem, telling other clubs: ‘get your own house in order’.
In an interview with the Telegraph, Al-Khelaifi said: “We have been working very hard for the past six years to build the revenues of the club.
“And they have increased through ticketing, sponsoring, merchandising, match day and TV rights from 90 million euros (£81m) to approximately 500 million euros (£453m), with the last two seasons running profits.
“We now plan to continue to increase our revenue from between 20 and 40 per cent.
“We have a year to meet FFP criteria. We have until June 30 2018. So I tell everybody: relax and think about your project. We think about building our project.”
Al-Khelaifi explained how Neymar’s popularity is helping to pay back the huge fee.
He added: “I spoke to the owner of Globo TV in Brazil and he said: ‘Guess how much people in Brazil watched the presentation of Neymar – just the presentation, not the first match.’
“I said ‘five million?’ He said ‘no’. I said ’10 million?’ He said ‘no – 85 million’. It’s amazing.
“Today we have a good problem to solve – we don’t have enough jerseys! This is huge for us.
“I was in the US last week and I saw the jersey of Paris Saint-Germain everywhere. It is the same in Asia and Latin America, the Middle East.
“Neymar’s first match in Guingamp was broadcast to 183 countries. It was amazing for France and the French league.
“It is good also for the Champions League because you will have another club competing – I am not saying by any means we are there yet – but it’s important to have new clubs coming and clubs with ambition.”
Prem bosses including Jose Mourinho and Pep Guardiola have moaned about the market inflation as a result of Neymar’s transfer.
Al-Khelaifi reckons the Samba star and Mbappe could turn out to be bargains.
He said: “It’s a good deal that they signed now, because players’ transfer costs, salaries as well as clubs’revenues are increasing rapidly in the world of sports and specifically in football.
“Some other clubs offered him more than us. Every big club wanted him.
“But we explained to him our project and the ambition of the club and he’s French, he’s a Parisian and he had the club in his heart.
“He wanted to stay in France and defends the French colours in the Champions League. It’s deep inside him.
“He wants to write history here and he has history here already – you saw the pictures of him (at his unveiling) when he was here 10 years ago?
“A picture does not lie. He loves the club and it’s his dream to play for Paris Saint-Germain.”
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