Final blow from PSG to retain Mbappé

PSG continues to do everything possible to retain Mbappé and to make a competitive team that does not break the Financial Fair Play rules. As reported by Le Parisien, the Parisian team has approved a capital increase of 171 million euros that amounts to a total budget of 511 million, still far from the 893 million he injected when he acquired the entire club back in 2011.

The Parisian newspaper stresses that this amount is not far from being illegal within French football. In July 2018, Qatari shareholders increased their capital with an injection of more than 316 million after having spent 420 million on Mbappé and Neymar, becoming one of the richest teams in the world, although in a radically different context from the current one due to the coronavirus pandemic.

This financial rebalancing has the main consequence of alleviating the losses that PSG has had due to the pandemic, which amounted to 125 million in 2020 and which has currently doubled these figures in the last exercise published in summer. For now, PSG has not been threatened by either UEFA or the DNCG, the financial body that controls French clubs, as they have more than solvent liquidity in their accounts to assume their debts.

Another objective that PSG has with this capital increase is to try to convince Mbappé once and for all to renew. With just over two months before the forward sought by Real Madrid can be free to negotiate, the Parisian team will try to retain its star with a budget that guarantees, at least for the next two seasons, having a competitive team to win the Champions League.