UEFA orders ‘further investigation’ of Paris Saint-Germain over financial fairplay

UEFA initially opened an investigation into the Qatari-owned club’s spending in September 2017 under pressure from some of Europe’s biggest clubs after the French club signed Brazilian midfielder Neymar for a world-record 222 million euros ($261 million).

UEFA said Monday it had ordered accusations that Paris Saint-Germain has broken its financial fair play rules to be referred to its financial unit “for further investigation”.

Signing of Brazilian superstar Neymar is what causes UEFA to initially open investigation against Paris Saint-Germain. (AFP)

European football’s governing body initially opened an investigation into the Qatari-owned club’s spending in September 2017 under pressure from some of Europe’s biggest clubs after the French club signed Brazilian midfielder Neymar for a world-record 222 million euros ($261 million).

Within weeks the club had also agreed a deal to sign teenage striker Kylian Mbappe from Monaco for 180 million euros.

In June, UEFA’s Club Financial Control Body (CFCB) closed its investigation only to re-open it just a month later.

UEFA said on Monday the case had now been referred “back to the CFCB Investigatory Chamber for further investigation”.