PARIS: UEFA has decided to lift the sanctions imposed on Paris Saint-Germain under the Financial Fair Play rule, meaning the French champions can spend more on new players after proving they will be debt-free by the end of next season, according to French newspaper L’Equipe.

PSG were heavily sanctioned by European football’s governing body in May 2014 after breaching FFP rules.

But UEFA’s new ruling means that the Parisians can increase the size of their Champions League squad from 21 to 25 players for next season (2015/16), L’Equipe reported.

The online edition of the newspaper added that UEFA’s Financial Supervisory Instance of Clubs (ICFC) department has lifted the 60-million-euro limit that was imposed on the Qatari-owned Paris giants.

PSG — who’ve won back-to-back Ligue 1 titles — were purchased by Qatar Investment Authority in 2011.

They’ll now be able to recruit players unrestricted instead of being hampered by a spending ceiling.

The Parc des Princes outfit have been heavily linked with a move for Juventus’ star midfielder, Frenchman Paul Pogba, who’s mooted to have a transfer fee of around 100 million euros.

Manchester United’s Argentine winger Angel di Maria is also a target — a player that PSG missed out on last season due to the restrictions.

PSG, who won all four domestic trophies in France last season, had signed an agreement with UEFA to promise that they would not go above a deficit of 30 million euros at the end of last season.

And one year in advance, the club have signed a deal stipulating that they will be debt free come the end of the 2015/16 season, which resulted in the sanctions being lifted early against the capital club.

Published in Dawn, July 3rd, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Opinion

Editorial

ICJ rebuke
Updated 26 May, 2024

ICJ rebuke

The reason for Israel’s criminal behaviour is that it is protected by its powerful Western friends.
Hot spells
26 May, 2024

Hot spells

WITH Pakistan already dealing with a heatwave that has affected 26 districts since May 21, word from the climate...
Defiant stance
26 May, 2024

Defiant stance

AT a time when the country is in talks with the IMF for a medium-term loan crucial to bolstering the fragile ...
More pledges
Updated 25 May, 2024

More pledges

There needs to be continuity in economic policies, while development must be focused on bringing prosperity to the masses.
Pemra overreach
25 May, 2024

Pemra overreach

IT seems, at best, a misguided measure and, at worst, an attempt to abuse regulatory power to silence the media. A...
Enduring threat
25 May, 2024

Enduring threat

THE death this week of journalist Nasrullah Gadani, who succumbed to injuries after being attacked by gunmen, is yet...