PSG is a money-losing machine

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Spending recklessly has its consequences. A report by the DNCG (National Directorate for Management Control), the body that regulates financial control in France, shows that PSG left a trail of 368 million euros of losses last season, which ran from July 1 , 2021 to June 30, 2022. Several figures immediately alerted UEFA, which sanctioned the Parisian team and warned that the penalty would expand further if they did not balance their accounts.

In the summer of 2021, PSG signed Donnarumma, Sergio Ramos, achraf and Messi, players who shot PSG’s salary to 729 million euros. A year in which 181 million euros were invested in the market, besides which must also include the 35 that the club had to pay from the capital in Monaco for the renewal of mbappe. Another 40 million euros ended up in the hands of agents and intermediaries.

Despite the fact that PSG added benefits worth 700 million euros, the DNCG has already put the club on notice, signing its worst accounting year a few months ago. al khelaifi this negative result is justified due to the impact of the pandemic, although the underlying problem is more. The wage bill doubled from one season to the next and Louis Fields they need to act accordingly in the next market to avoid a harsh punishment from UEFA.

Among the solutions, PSG will try to cash in on players who left last season on loan. Diallo, Wijnaldum, Walls either icardi These are some of the names with which it is intended to compensate for the massive lack of a club that does not have them for the future. They are not yet prominent enough to contemplate their return and in principle no other option is contemplated than to make their exit profitable.

Source: La Verdad

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