French Ligue 1 football club Paris Saint-Germain has welcomed the decision of the Court of Arbitration for Sport (CAS) to rule in its favour in its ongoing battle with Uefa over its compliance with Financial Fair Play rules.
Uefa announced in September that it was reopening its investigation into the finances of PSG, having previously cleared the club of breaking its FFP rules.
PSG appealed Uefa’s decision to reopen the investigation to CAS. The appeal has now been upheld and the challenged decision set aside.
In a statement, CAS said: “The decision issued on 13 June 2018 by the Investigatory Chamber of the Uefa CFCB (Club Financial Control Body) in which the investigation into Paris Saint-Germain’s compliance with the Uefa Financial Fair Play regulations was closed is thus final and binding.”
The decision relates to PSG’s spending on player transfers and wages, as well as sponsorship deals linked to its Qatari owners. It is separate from a different Uefa investigation into PSG’s finances in the 2017-18 season, when the club signed Brazilian star Neymar for £198m (€230m/$261m) and Kylian Mbappé for a deferred payment of £166m.
PSG said in a statement: “The decision taken by the CFCB Investigatory Chamber on 13 June 2018 is approved and Paris Saint-Germain now intends to continue its development with confidence.
“The club reiterates that it has always respected the rules and has always responded calmly and transparently to the repeated requests of Uefa and the CFCB.”
The decision comes after CAS ruled last month that Uefa could not engage in a deeper investigation of Turkish Süper Lig club Galatasaray’s compliance with FFP rules.