Paris Saint-Germain must make drastic cuts to their wage bill or face sanctions in the Champions League.
PSG were one of 10 clubs fined for breaching UEFA’s Financial Fair Play (FFP) rules for the 2020-21 season. They had accumulated losses of €30million across three accounting years, leading to a whopping €55m fine – of which €10m was paid immediately and the remaining €45m suspended.
PSG have been posting record losses in recent years with their most recent set of accounts showing €370m in losses. If they do not fall within UEFA’s FFP regulations, they must pay the suspended €45m fine alongside potential other sanctions.