Feud between Javier Tebas and PSG escalates as LaLiga president writes letter alleging club finances ‘violate the purpose of Financial Fair Play’ – despite acquittal by Court of Arbitration for Sport
- LaLiga president Javier Tebas has another hit at Paris Saint-Germain
- Tebas has targeted the French club and its players with recent comments
- PSG and Ligue 1 hit back at Tebas for ‘offensive’ and ‘baseless’ attacks
- The feud has continued to escalate now that Tebas has sent a letter to the French giants
- Tebas said the club’s finances are ‘contrary to its content’ and ‘the purpose of FFP’
- It comes despite PSG’s acquittal by the Arbitration Court in 2019
La Liga president Javier Tebas has again lashed out at French giants Paris Saint-Germain in a letter to the club.
PSG and Ligue 1 recently criticized Tebas for ‘insulting’ and ‘baseless’ attacks on the club and the top French side, after labeling them as ‘enemy’ in the wake of Lionel Messi’s move to the club.
In the letter seen by the Associated Press, Tebas has redoubled his criticism of the club’s ownership model.
Javier Tebas has struck again at Paris Saint-Germain, making allegations about their finances
Tebas writes that “PSG’s finances have been kept afloat thanks to the multimillion-dollar contributions from its shareholder over the past three seasons.”
In a letter to PSG general secretary Victoriano Melero, Tebas accused the club’s finances “contrary to the content and, most importantly, the purpose of Financial Fair Play, despite the CAS acquittal on technical grounds” .
In 2019, the Court of Arbitration for Sport upheld PSG’s appeal against an attempt by UEFA investigators to reopen a previously closed investigation.
PSG has been a prime target of FFP scrutiny since the launch of UEFA’s rules a decade ago – when the influx of Qatari investment began after it was taken over by a sovereign wealth vehicle from the Gulf state. The club forfeited €20 million (then $23 million) in Champions League prize money in a 2014 settlement that averted a higher-stakes legal battle.
Tebas has targeted the French side after calling them the ‘enemy’ after they signed Lionel Messi
During the pandemic, UEFA has relaxed rules that require clubs to make a profit from their football activities, such as player transfers and wages, and is also assessing the fair market value of sponsorship deals.
Writing to Melero, Tebas reaffirms its longstanding concerns about the number of PSG deals tied to the state, stating that “sponsorship and other contracts are being used that are not in line with market conditions and make no economic sense.”
Tebas sparked the fury of wide-sided PSG after Messi’s signing earlier this month after Barcelona failed to keep the 34-year-old Argentine star while adhering to La Liga’s own financial rules. Tebas said that “PSG looks like the league of legends given the age of some players,” leading to Melero’s letter rejecting “insulting and defamatory statements”.
Tebas has sent a letter to PSG secretary general Victoriano Melero
Showing no signs of withdrawal, Tebas wrote to Melero to say that Spanish league officials have now estimated PSG’s wage bill this season will be around €540 million – more than 80% of earnings.
The French league also lashed out at Tebas earlier this month, saying in a statement that his comments are “not worthy of the institution he represents” and pointed to the apparent “financial generosity that Spanish clubs have”.
Tebas has also written back to French league president Vincent Labrune in a letter seen by the AP saying the league ‘depends on PSG’ and states that La Liga has a ‘very stable financial situation’. .
Tebas has offered to meet with the French League and PSG officials to “share with you all the actions and initiatives we are developing and implementing in La Liga to ensure the optimal health of Spanish football.”