MADRID, May 22: The Spanish league will file a complaint against Paris Saint-Germain over the renewal of Kylian Mbappé’s contract, saying the “scandalous” agreement attacks the economic stability of European soccer.
The league’s announcement on Saturday came after Mbappé’s decision to stay with PSG instead of joining Spanish powerhouse Real Madrid. The league said in a statement it will file the complaint to UEFA, the European Union and French administrative and fiscal authorities to “defend the economic ecosystem of European football and its sustainability.”
The league said the agreement puts “at risk hundreds of thousands of jobs and the integrity of the sport, not only in European competitions, but also in domestic leagues.”
“It is scandalous that a club like PSG, which last season reported losses of more than 220 million euros after accumulating losses of more than 700 million euros in prior seasons (while reporting sponsorship income at doubtful valuation), with a squad cost around 650 million for this season, can close such an agreement, while those clubs that could afford the hiring of the player without seeing their wage bill compromised, are left without being able to sign him.”
Mbappé signed a new three-year contract, saying he was happy to continue his “adventure” in Paris.
The league has filed complaints against PSG to UEFA over non-compliance with financial fair play rules in the past. UEFA initially sanctioned the French club but the Court of Arbitration for Sport reversed the sanctions in a “bizarre decision,” according to the league. (AP)
