PSG win legal battle with UEFA over FFP investigation
PARIS (Reuters) – Paris St Germain ( PSG ) have won a legal battle against UEFA after European football’s governing body tried to reopen its investigation into the French club’s spending on transfer fees and wages.
The Court of Arbitration for Sport (CAS) said on Tuesday it had upheld PSG’s appeal against UEFA on the grounds that the body took too long to review its own decision to clear the French champions of breaking Financial Fair Play (FFP) rules.
The judgement is separate to an ongoing investigation by UEFA regarding PSG’s 2017-18 finances — the season in which the club signed Neymar in a world record 222 million euros ($252 million) deal from Barcelona and Kylian Mbappe from AS Monaco.
In June last year, the Investigatory Chamber of UEFA’s Club Financial Control Body (CFCB) cleared PSG of breaking UEFA’s break-even rules, yet later that month, the CFCB chairman ordered the Adjudicatory Chamber to review the decision.
The Adjudicatory Chamber then ruled in September that the case should be referred back to the Investigatory Chamber for further review.
PSG’s appeal to have that decision annulled was upheld by CAS.
The club successfully argued that UEFA missed the deadline set out in the CFCB’s Procedural Rules, which allow for a 10-day period during which any review should be instigated and completed.
UEFA said in a statement it would consider amending or clarifying its rules to avoid the same happening in the future.
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔