PSG plan fire sale to satisfy UEFA FFP

French Club and big spenders PSG need to raise €80m by the end of the season to satisfy UEFA FFP rules, or face expulsion from the Champions League.

PSG
PSG are €80m short of meeting UEFA FFP rules by the end of the season

French radio station RMC Sport have revealed PSG officials met with UEFA representatives in Nyon on October 5th to discuss what the French club need to do satisfy UEFA FFP rules without facing any sanctions.

It was revealed the Paris based club are €80m short and need to find the shortfall and report back to UEFA by the end of the season.

Failure to do so will result in sanctions, which could include a fine and most likely expulsion from the 2018/19 Champions League.

The club are confident they will find the shortfall by reducing the wage bill and selling of fringe players within the squad.

Players that are up for sale and no longer needed as part of the squad are Julian Draxler, Angel Di Maria and Lucas Moura.

However, The Parisians will face a huge problem now other clubs in Europe know they will need to sell in order to balance the books.

Clubs are expected to bid lower than the asking price due to PSG desperation to sell on and balance the books.

The club find themselves in this situation by spending €222m on world record signing Neymar and a season-long loan for French striker Kylian Mbappe, which the club has committed to pay Monaco €200m next summer.

It most likely means PSG will not be singing any players in the upcoming January transfer window.  They will most likely be a selling club with Europe’s elite ready to sign players from the French club.