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UEFA opened a formal investigation into Paris Saint-Germain as part of its monitoring of clubs under Financial Fair Play (FFP) regulations, European football's governing body has announced.
It follows a world record €222 million transfer of Neymar from Barcelona and a reported €180m deal for Kylian Mbappe, star striker for Ligue 1 rivals Monaco, following his season-long loan deal this season.
Reports in Spain had suggested that both Barcelona and Real Madrid - who were long considered the frontrunners to sign Mbappe - had complained to UEFA about PSG's conduct this summer.
Following the closure of the transfer window in France on Thursday and confirmation of Mbappe's switch to Parc des Princes, it took less than 24 hours for UEFA to announce it would be launching an investigation into the French club.
"The Investigatory Chamber of the UEFA Club Financial Control Body has opened a formal investigation into Paris Saint-Germain as part of its ongoing monitoring of clubs under Financial Fair Play (FFP) regulations'" UEFA stated on Friday in a press release.
UCJ, UNILORIN.
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