The Spanish La Liga has released an official statement which states that they would take steps against PSG over the Kylian Mbappe’s contract extension.
The football governing body for club football in Spain; the La Liga has threatened to take legal actions against the Ligue 1 giants PSG following their recently completed Kylian Mbappe contract extension.
Kylian Mbappe who was set to league France at the end of the 2021/2022 season on free transfer finally made an important decision about his football career and decided to stay in France rather than make the much-anticipated move to the Spanish La Liga.
The statement read:
“La Liga wishes to state that this type of agreement attacks the economic stability of European football, putting at risk hundreds of thousands of jobs and the integrity of the sport, not only in European competitions, but also in domestic leagues, the league confirmed in a statement on Saturday.
It is scandalous that a club like PSG, which last season reported losses of more than €220 million euros after accumulating losses of more than €700 million euros in prior seasons (while reporting sponsorship income at doubtful valuation), with a squad cost around €650 million for this season, can close such an agreement, while those clubs that could afford the hiring of the player without seeing their wage bill compromised, are left without being able to sign him.
La Liga will file a complaint against PSG before UEFA, the French administrative and fiscal authorities and European Union authorities to continue to defend the economic ecosystem of European football and its sustainability.”
