2023-08-12 19:32:00
The Spanish football league criticizes the Parisian club for its financing which “generates a serious distortion of the internal market of the EU”.
By NB with AFP Javier Tebas had already denounced the “unfair competition” of PSG. © OSCAR DEL POZO / AFP Published on 08/12/2023 at 7:32 p.m.
LaLiga has filed a complaint against Paris Saint-Germain with the European Commission for receiving foreign subsidies that distort the European Union (EU) internal market, the Spanish football league announced on Saturday. LaLiga “has lodged a complaint with the European Commission to denounce the fact that the financing mechanisms of PSG generate a serious distortion of the internal market of the EU”, indicated the body chaired by Javier Tebas in a press release.
This action is based on a new foreign subsidy regulation that came into force last July, which targets “foreign subsidies that distort the internal market”, according to LaLiga’s statement. READ ALSOLigue 1: a new season that promises to be full of surprisesThe Spanish league sent a letter to the Commission on the grounds that “PSG has received foreign subsidies from the State of Qatar, which have enabled it to improve its competitive position and generate significant distortions in several national markets and of the EU”.
A nuisance for the sports ecosystem
According to her, PSG thus obtains resources “under non-market conditions which distort various closely linked markets”, which allows it to recruit players and coaches “far beyond its possibilities in a normal market scenario”. In addition, he would also have “income from sports sponsorship for amounts that do not correspond to market values. READ ALSOPSG: Neymar and Verratti pushed out?
The body concludes by expressing its confidence that the Commission “will take the necessary measures to eliminate market distortions such as those described, which seriously harm the sports ecosystem”. At the head of LaLiga since 2013, Javier Tebas, continues to denounce a supposed “unfair competition” of PSG vis-à-vis its European neighbors.
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