La Liga files complaint over PSG’s Qatar subsidies

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

La Liga files complaint over PSG’s Qatar subsidies FMTNews FMTSports

MADRID: Spanish top flight La Liga has filed a complaint with the European Commission against Paris St Germain’s “spending commissions”, alleging the Qatari-backed French club is distorting markets through subsidies from the Gulf state.

The league said in a statement that “PSG has received foreign subsidies from the state of Qatar, which has allowed it to improve its competitive position, thus generating significant distortions in several national and EU markets”. “PSG obtains resources on non-market terms which distort several closely related markets,” La Liga said.“This enables them to boost their sporting performance, as well as affecting the ability of rival clubs to recruit.

Last year, La Liga filed a complaint with the European football governing body Uefa against PSG and Manchester City, alleging they violated financial fair play regulations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Soccer-LaLiga files complaint over PSG's Qatar subsidies(Reuters) - Spanish top flight LaLiga has filed a complaint with the European Commission against Paris St Germain's 'spending commissions', alleging the Qatari-backed French club are distorting markets through subsidies from the Gulf state.
Source: staronline - 🏆 4. / 75 Read more »