An update on Financial Fair Play - Case study: the Neymar Transfer
Neymar's recent transfer from FC Barcelona ("Barcelona") to Paris Saint German FC ("PSG") has invoked much debate, primarily surrounding PSG's compliance with UEFA's Club Licensing and Financial Fair Play Regulations (more commonly known as the "FFP Regulations").
This article summarises certain relevant aspects of the FFP Regulations in the context of such a transfer and addresses certain issues around the implications of such a transfer on the regulations themselves. Specifically, it looks at:
- What is Financial Fair Play – brief background and reminder?
- Who is subject to the FFP Regulations?
- "Sweetening" the break-even test
- Inconsistency in UEFA's approach toward "sugar daddies"
- Neymar and PSG: the transfer and the investigation
- Sanctions for non-compliance with FFP
- Financial doping
- Neymar and PSG: Commercial and other justifications
- Have the FFP Regulations had the desired effect to date?
To continue reading or watching login or register here
Already a member? Sign in
Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts. Find out more here.
- Tags: Club Financial Control Body (CFCB) | Contract Law | Financial Fair Play | Football | France | Governance | La Liga | Ligue 1 | Qatar | Regulation | Spain | UEFA | UEFA Club Licensing and Financial Fair Play Regulations
- Financial Fair Play and the Striani Complaint: Where are we now?
- An update on Manchester City’s compliance with Financial Fair Play
- A guide to Financial Fair Play and the ability of European football clubs to raise finance (Part 1)
- A guide to Financial Fair Play and the ability of European football clubs to raise finance (Part 2)
Michael is a Solicitor in the Asset Finance practice at Watson, Farley & Williams LLP. He specializes in advising clients in relation to sports finance including: loan finance, financing of broadcasting and ticket revenues and the player transfer finance.