Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

PSG appeal to CAS to stop UEFA investigation

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

By Opta

Paris, November 6: Paris Saint-Germain have appealed to the Court of Arbitration for Sport (CAS) to stop UEFA re-examining their 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, who 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.

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."

Story first published: Tuesday, November 6, 2018, 8:25 [IST]
Other articles published on Nov 6, 2018