Free-spending French giants Paris Saint-Germain are set to face UEFA sanctions for breaches of Financial Fair Play (FFP), according to a report by the Financial Times today that claims PSG "overstated" sponsorship contracts to the tune of 200 million euros.
Bankrolled by Qatari owners, PSG smashed the world transfer record by signing Brazilian star Neymar for 222 million euros in August and committed to completing another 180-million-euro deal for French teenage sensation Kylian Mbappe this summer when agreeing a one-year loan deal from Monaco a few weeks later.
Introduced by European football's governing body in 2010, FFP limits clubs to making losses of no more than EUR30m over three seasons.
"Preliminary investigations show that sponsorship contracts worth about EUR200m have been 'overstated' at the Qatari-owned football club," said the Financial Times report.
"Unless UEFA can be persuaded to assign a higher value to the sponsorship deals, the French club is on course to breach FFP rules, according to people familiar with the process."
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