In a significant development, La Liga has failed a complaint against Paris Saint-Germain and Manchester City after allegedly accusing the two clubs of 'continuously breaching financial fair play regulations'. The complaint against City was lodged in April, while the one against PSG was put this week. Notably, PSG and City have both retained and signed players that Real Madrid wanted to buy this summer.
Kylian Mbappe snubbed Real Madrid and re-signed a new contract with PSG, while City beat the Spanish club to rope in Erling Haaland from Borussia Dortmund. La Liga has alleged that both the clubs are involved in 'irregular financing' and are continuously breaching the current financial fair play regulations.
"La Liga considers that these practices alter the ecosystem and the sustainability of football, and harm all European clubs and leagues. Such trade only serves to inflate the market, with money not generated in football itself," read the statement. La Liga further made huge allegations against both the clubs by claiming that the irregular financing of these clubs is carried out either through direct injections of money or through sponsorship and other contracts that do not correspond to market conditions or make economic sense.
La Liga also stated that some of these complaints will see extensions as the new data and evidence will arrive. Reports have suggested that PSG declined to make any official statement but highly placed sources informed The Athletic that PSG is entirely confident they were compliant with both French league and European rules on financial fair play.
Sources have further informed that Mbappe's new contract and Lionel Messi's signing were financially sound investments and that players would be leaving the club this window to help the salary commitment to Mbappe.
La Liga has reportedly stated that they are looking to use the French legislature and the European Union to take “administrative and judicial actions." They are also looking to take action in Switzerland, for further action directed at PSG President Nasser Al-Khelaifi.