But this deal has irked the Spanish FA and La Liga president made it known to the world. After the news broke, Javier Tebas, the president of La Liga, tweeted that it was an “INSULT to soccer.”
From time to time, Tebas has attacked state-owned clubs like Paris Saint-Germain and Manchester City for disregarding the financial fair play rules.
The Spanish league said the “scandalous” agreement attacks the economic stability of football in Europe and are prepared to lodge a complaint against Paris Saint-Germain over Kylian Mbappé’s contract extension.
La Liga made an announcement on Saturday right after the news of Mbappé’s decision to stay with PSG instead of joining Spanish powerhouse Real Madrid became public. They will file the complaint to UEFA, the European Union and French administrative and fiscal authorities to “defend the economic ecosystem of European football and its sustainability.”
La Liga officials also said that such deals “risk hundreds of thousands of jobs and the integrity of the sport, not only in European competitions, but also in domestic leagues.”
“It is scandalous that a club like PSG, which last season reported losses of more than 220 million euros ($232 million) after accumulating losses of more than 700 million euros ($739 million) in prior seasons (while reporting sponsorship income at doubtful valuation), with a squad cost around 650 million ($686 million) for this season, can close such an agreement, while those clubs that could afford the hiring of the player without seeing their wage bill compromised, are left without being able to sign him.”
La Liga’s official statement:
This isn't the first conflict between Spanish league and PSG. In the past, it has filed complaints against PSG over non-compliance with financial fair play rules. Following those complaints, UEFA initially sanctioned the Parisian club, but the Court of Arbitration for Sport reversed the sanctions in a “bizarre decision.”
The league said, “PSG is assuming an impossible investment, seeing that it has an unacceptable wage bill and large financial losses in prior seasons. It is violating current UEFA and French economic control rules,” further adding, “This behavior demonstrates once more that state-owned clubs do not respect and do not want to respect the rules of a sector as important as football. These rules are key to protect and sustain hundreds of thousands of jobs.”
Source: The Associated Press
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