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UEFA has announced that it is to reopen a financial fair play case against big-spending Qatar-owned Paris Saint-Germain.
Under UEFA financial rules clubs are forbidden from spending more than they earn and Qatar and PSG’s massive outlay on the transfer market last year that brought Neymar among others to the club raised eyebrows among financial officials.
UEFA announced in June that the probe had closed and the club had been cleared of wrongdoing, but would remain under scrutiny.
“In light of the recent decision of the Club Financial Control Body (CFCB) Chief Investigator to close the investigation into Paris Saint-Germain ... the chairman of the CFCB has decided to send this decision for review by the Adjudicatory Chamber,” UEFA said in a statement.
“This announcement does not pre-judge in any way the result of the review to be conducted by the Adjudicatory Chamber of the CFCB.”
Last summer the French champions caused a huge stir when they paid Barcelona $262 million for Brazilian Neymar, a figure that smashed the previous record, which was the $117 million Manchester United paid Juventus for Paul Pogba a year earlier.