PSG secure new commercial agreement

Paris Saint-Germain have clinched a massive deal with the Qatar Tourism Authority that will bring the Ligue 1 leaders more than €150 million over each of the next four seasons.

The agreement with the QTA, a body linked to the Qatari state that is aimed at promoting tourism in the Arab state, was revealed to French football's financial watchdog, the DNCG, on Tuesday, Le Parisien reports. It is not a sponsorship agreement but a "vast publicity campaign intended to promote the image of Qatar", the paper adds.

Retroactive for 2012, it will boost PSG's coffers by €150 million for the current campaign, increasing progressively to a minimum of €200 million in its final season, 2015-2016. That sum could be even larger, with the contract containing bonus clauses based on the team's performances in European competition.

The initial influx of revenue will help balance PSG's books for the current season, and keep them in line with UEFA Financial Fair Play guidelines. With European football's governing body taking into account clubs' finances as of the 2011-12 season, the deal with the QTA is a major boost for PSG. A recent France Football article had claimed nothing short of victory in the Champions League final this season would ensure the club met UEFA criteria.

Meanwhile, Javier Pastore has added to a trying week by losing his temper when attempting to enter the club's Camp des Loges training ground. The Argentina international was refused entry via the gate reserved for the use of Carlo Ancelotti and his technical staff.

Forced to perform a U-turn to park his car with those of the other PSG players, Pastore reversed - deliberately, according to L'Equipe - into the gate before parking and participating in training.

The incident comes after the publication in Italy of an interview Pastore gave to Chi magazine in which he said he was unhappy in France and vowed he would one day play for AC Milan.

http://m.espn.go.com/soccer/story?storyId=1271135&wjb



This is PSG basically saying a big fck you to FFP

I tried to tell em FFP was a joke.

First City, now PSG who's next? Chelsea

lenear1030 wrote:I tried to tell em FFP was a joke.

Prophet Lenear

FFP

It hasn't been signed yet, maybe just a rumor.

But if it turns out to be true then it borders on ridiculous, starting at 150m each season. Citys deal in comparison is now kiddies play, only getting 40m pounds each season and signing on for 10 years, and Citys deal was unprecedented, huge, almost ridiculous.

I can't believe this is true until the papers have been signed.

FFP, as Charlie Sillitano says on Sirius Football FC, is a joke that will only allow clubs with wealthy owners to pour more money (indirectly) into their clubs while restricting normal clubs from doing the same.

Make it a 500M per year deal so PSG are FFP compliant

are they doing something like having their own part of organization sponsor themselves?


FFP is a massive fail, because city found similar loophole lol...

JespSwe wrote:are they doing something like having their own part of organization sponsor themselves?


FFP is a massive fail, because city found similar loophole lol...

They can't, in order for it to count they have to prove PSGs owners have no control over the people that are allegedly going to give away this sponsorship.

In Citys deal, Mansours brother in law company made the deal. But it complies with the rules because Mansour has no control over Etihad airways.

UEFA really cannot do anything if family and friends want to give out hundreds of millions like it was leftover haloween candy.

Pastore

I don't trust FFP much, but you still can't rule it out. Let's remember that it hasn't started yet. Theoretically, deals like this one and the Manchester City one would be under scrutiny by FFP officials and valued at their right market value.

FFP How stupid...

Freaking transfer cap.30 million spending limit in summer,15 million in winter.DONE DEAL.Prices would deflate almost immediately,and top quality players will become viable candidates for clubs other than City,Chelsea,PSG and others...Would generally improve football on all levels.

chinomaster182 wrote:

JespSwe wrote:are they doing something like having their own part of organization sponsor themselves?


FFP is a massive fail, because city found similar loophole lol...

They can't, in order for it to count they have to prove PSGs owners have no control over the people that are allegedly going to give away this sponsorship.

In Citys deal, Mansours brother in law company made the deal. But it complies with the rules because Mansour has no control over Etihad airways.

UEFA really cannot do anything if family and friends want to give out hundreds of millions like it was leftover haloween candy.

appreciate the explanation

Vibe wrote:FFP How stupid...

Freaking transfer cap.30 million spending limit in summer,15 million in winter.DONE DEAL.Prices would deflate almost immediately,and top quality players will become viable candidates for clubs other than City,Chelsea,PSG and others...Would generally improve football on all levels.

FFP is not intended to deflate the football bubble, nor bridge the wage gap, nor make leagues more competitive.

Its intended to make clubs self sustainable and not "force" billionaires to piss away their wealth, Platini has said so on more than one occasion.

Guys like Moratti and Berlusconi are very glad FFP came.

chinomaster182 wrote:

Vibe wrote:FFP How stupid...

Freaking transfer cap.30 million spending limit in summer,15 million in winter.DONE DEAL.Prices would deflate almost immediately,and top quality players will become viable candidates for clubs other than City,Chelsea,PSG and others...Would generally improve football on all levels.

FFP is not intended to deflate the football bubble, nor bridge the wage gap, nor make leagues more competitive.

Its intended to make clubs self sustainable and not "force" billionaires to piss away their wealth, Platini has said so on more than one occasion.

Guys like Moratti and Berlusconi are very glad FFP came.

My view of what's wrong with football and Platini's are very different...Poor billionaires,pissing away their wealth



#SaveUsPlatini

Vibe wrote:

chinomaster182 wrote:

Vibe wrote:FFP How stupid...

Freaking transfer cap.30 million spending limit in summer,15 million in winter.DONE DEAL.Prices would deflate almost immediately,and top quality players will become viable candidates for clubs other than City,Chelsea,PSG and others...Would generally improve football on all levels.

FFP is not intended to deflate the football bubble, nor bridge the wage gap, nor make leagues more competitive.

Its intended to make clubs self sustainable and not "force" billionaires to piss away their wealth, Platini has said so on more than one occasion.

Guys like Moratti and Berlusconi are very glad FFP came.

My view of what's wrong with football and Platini's are very different...Poor billionaires,pissing away their wealth



#SaveUsPlatini

I know, i actually agree with you. Its just to clear misconceptions. FFP is not out to "save" the sport, its just out to save the owners bank accounts.

And i'm actually glad Moratti is going to save some of his money now, he has given a huge amount of his wealth to Inter and he's not expecting that money to come back. He's also not a mega billionaire like Abramovich or Mansour.

FFP is actually there to save the clubs, not the owners.

PSG obviously have top notch lawyers look at FFP forwards, backwards and sideways before they make such deals. If you think they just do this by the seat of their pants... well, i guess that's your prerogative.

Just a FYI, QIA and QTA are completely autonomous and separate. QIA, the owner of PSG, is presided by Tamim bin Hamad al-Thani. QTA, that is signing this deal, is presided by Hamad bin Jassim bin Jabor Al-Thani. QIA is the Qatar Investment Authority and QTA is the Qatar Tourism Authority.