Skip to main content

Uefa warns PSG 'tell us how you're going to pay for Neymar' as Brazilian informs Barcelona he's leaving

Uefa will demand to know how Paris Saint-Germain intend to finance their world-record £198 million transfer deal for Barcelona’s Brazilian superstar Neymar, with European football’s governing body reiterating its stance that financial fair play rules will be enforced.
On a dramatic day, Barcelona announced on Wednesday that Neymar, 25, had told them of his intention to leave and that in response had said he could only do so on payment of the £198 million (€222m) buy-out clause included in the new contract he signed last year.
It is anticipated that the Qatari-owned PSG will pay it in full although the structure of the deal, expected to be €450m in total, will have to pass Uefa’s financial fair play (FFP) rules.
Neymar is expected to earn around €55m a year before tax meaning that the total deal, spread over the course of a five-year contract, could cost €90m annually - almost a quarter of PSG’s current annual revenue of €389.6m.
In a statement to Telegraph Sport, Uefa reiterated its stance that FFP would be enforced, saying the organisation is “exceptionally serious” that clubs are not permitted to make losses in excess of €30 million over three years.
When the deal goes through it will more than double the current world-record transfer fee, the £89m paid by Manchester United to Juventus for Paul Pogba last summer, and it will make Neymar the world’s best-paid player.
His buy-out clause was intended as insurance that he would not leave Barcelona after overtures from PSG before he signed his last deal, although the Spanish club never anticipated that anyone would meet it.
The turning of the tables on Barca, ranked second in the world for turnover last season in the Deloitte Money League, has been met with anger in Spain where the president of La Liga, Javier Tebas, accused PSG of state-backed “financial doping”. 
He said to Spanish newspaper AS that there would be a formal La Liga complaint to Uefa and the European Union about “the teams that receive economic investment from countries that gift players to their fans at the cost of taking them from other clubs.”

Comments

Popular posts from this blog

Microsoft Edition Galaxy S8, S8 Plus Now Available In The US

Apps ASUS Best Cell Phone Deals BlackBerry Carriers Chinese Smartphones Gift Guide Giveaways Google HTC Huawei Lenovo LG Mobile Events Motorola Nokia OnePlus Phone Comparisons Reviews Samsung Smartwatches Sony Tech News Various Smartphones Wearables Xiaomi Microsoft Edition Galaxy S8, S8 Plus Now Available In The US Microsoft has begun selling the  Samsung Galaxy S8  series on its official online store in the United States where both smartphone models are now available for purchase in unlocked and carrier-branded flavors. The  Microsoft Edition  Samsung Galaxy S8 lineup is identical to the standard models in terms of hardware specifications, however the devices offered by the Redmond-based PC giant seem to be pre-loaded with the official Microsoft Launcher as well as several productivity-oriented tools including Word, Excel, OneNote, Outlook, as well as the Cortana virtual assistant powered by AI. And no,...

15 Foods to help you sleep

1 Honey Add a drizzle of honey to warm milk or herbal tea a few hours before you plan on heading to bed. That little bit of glucose  lowers levels of orexin , a neurotransmitter that raises your level of alertness. 2  Whole Grains If you're feeling a little restless before bedtime, reach for a piece of whole grain bread or toast. Whole grains  encourage the production of insulin , which helps neural pathways get tryptophan — an amino acid that acts as a sedative — to the brain. 3 Bananas Skip the Ambien; reach for a banana instead. Bananas are high in potassium, a mineral that is essential to a having a  deep night's sleep . Bananas also contain tryptophan and magnesium, making this fruit nature's little sedative. 4  Beans B vitamins have long been used to treat  insomnia  and help alleviate stress and anxiety. If you're looking for a natural vitamin B complex, try beans — they contain a nice smattering of differen...

Alexandre Lacazette deal to join arsenal almost complete.

Lyon president Jean-Michel Aulas has confirmed Alexandre Lacazette's move to Arsenal should be completed "within the next day or two". Arsenal's opening bid of £39m was turned down last month, but significant progress has been made in talks between the clubs. Aulas confirmed the deal is worth up to £43.8m (€50m), meaning it would eclipse the club-record £42.5m Arsenal paid for Mesut Ozil four years ago. Alexandre Lacazette's transfer to Arsenal could be actioned within the next day or two. "The figure reported by the English media of around €67m (including €12m in add-ons) is impossible and not realistic. Arsenal's first offer was around €45m, the transfer will be concluded in the range of €45m to €50m. The striker netted 37 times in 45 games last season "It constitutes, without doubt, a record transfer fee for Arsenal, [sic] and for Lyon of course!" Last month, Lacazette said he would only move to a club who are playing in Europe...