0_Sport.PortalFootballSportSport.Slajder

CAS upholds PSG appeal in financial fair play issue

Paris Saint-Germain has won a legal battle with Europe's ruling body UEFA at the Court of Arbitration for Sport (CAS) which denied UEFA re-opening a closed investigation on financial fair play rules.

Paris, 20 March 2019 (MIA/dpa) – Paris Saint-Germain has won a legal battle with Europe’s ruling body UEFA at the Court of Arbitration for Sport (CAS) which denied UEFA re-opening a closed investigation on financial fair play rules.

The CAS said in a statement Tuesday it upheld PSG’s appeal because UEFA failed to meet a deadline to re-open the case last year.

UEFA wanted its adjudicatory chamber to review a decision of the investigatory chamber which had declared PSG compliant with financial fair play rules on club spendings and wages in a binding decision.

But a 10-day deadline was missed to re-open the probe which led to PSG’s appeal and the CAS ruling.

UEFA is also in a separate case looking into PSG’s finances for 2017-18 when they signed Neymar from Barcelona for 222 million euros (252 million dollars), and Kylian Mbappe from Monaco.

Back to top button
Close