PSG may be ʙᴀɴɴᴇᴅ from the Champions League because of the salary of Messi, Mbappe
Paris Saint-Germain (PSG) is at risk of being banned by the European Football Federation (UEFA) from participating in the Champions League if they do not reduce their sky-high salary bill.
Paris Saint-Germain (PSG) must drastically cut their salary budget or face sanctions banning European participation from UEFA. PSG is one of 10 clubs fined for violating UEFA’s Financial Fair Play (FFP) Law during the 2020-21 season.
Manchester United manager Erik Ten Hag has followed the advice of “Red Devils” legend Roy Keane when it comes to personnel in the midfield this season.
PSG have accumulated losses of 30 million euros in the last three years, resulting in a hefty fine of 55 million euros, of which 10 million euros must be paid immediately and the remaining 45 million euros suspended. Now, PSG has just announced a record loss of 370 million euros.
If PSG continue to fail to comply with UEFA’s FFP regulations, they must pay a suspended €45 million fine, along with other potential sanctions.
Sanctions could include PSG being unable to register any new players to its European squad for next season and possibly reducing the number of registered players from 25 to 23. , there is another ᴛʜʀᴇᴀᴛ to PSG, the club could be banned from playing in European competitions, including the Champions League, according to information from Diario AS.
That could happen as early as the 2024-2025 season and it is the result of the club’s losses during that period. It also means that PSG needs to cut the salary bill of the star players in the team immediately.
Recently, PSG extended the contract for another 3 years with star Kylian Mbappe. Mbappe will stay at the French capital team until 2025. The new contract makes Mbappe the highest paid player in the world (before Cristiano Ronaldo joined Al Nassr).
To keep Mbappe, PSG played big when he refused a transfer offer from Real Madrid, while Mbappe was wondering whether to sign a contract with PSG or go to Real Madrid on a free transfer.
Mbappe currently earns £42.5 million (€50 million) a year at PSG. In addition, the French superstar also received a bonus of 153 million pounds (180 million euros) from agreeing to stay at the Parc des Princes team. Mbappe also controls 100% of his image rights.
Before that, Mbappe’s teammate at PSG, Lionel Messi was the highest paid player in the world. The first year in Paris, the 35-year-old Argentine superstar received an annual salary of £ 25.5 million (€ 30 million), this figure has increased to £ 34 million (€ 40 million) for the current season. .
It is said that Lionel Messi has pocketed more than 1 ʙɪʟʟɪᴏɴ euros during his playing career, more than any other player. Messi is out of contract at the Parc des Princes this summer and it’s possible PSG will face a ʙᴀᴛᴛʟᴇ to renew the contract with the Argentinian World Cup champion.
This will only drive up PSG’s wage bill. The Mirror (England) said that the ғᴀᴄᴛ that PSG had to pay huge salaries for Messi and Mbappe with a “pawn” fee was part of the current huge losses of the club.
PSG had a busy transfer window last summer. They signed Portuguese international midfielder duo Renato Sanches and Vitinha from Lille and Porto respectively, along with midfielder Carlos Soler from Valencia. PSG have also added striker Hugo Ekitike from Reims and defender Nordi Mukiele from RB Leipzig, while PSG player on loan from Sporting CP Nuno Mendes has just been bought by the French club.