Neymar’s big money move to PSG is being left in the balance after Spain’s La Liga this morning rejected the payment of the player’s buyout clause of £198m.
About five lawyers representing PSG and Neymar arrived at La Liga HQ in Madrid Thursday morning. They reportedly left after about 15 minutes as their money was rejected.
Sources say La Liga refusing to be bullied by PSG or Neymar
Why the rejection?
In Spain a player must buy himself out of his contract.
This is done by depositing the amount of the buyout clause with La Liga – Spain’s equivalent of the Premier League – to release the player from his contract. The league then passes the money to the selling club.
“We can confirm that the lawyers of the player have come to La Liga to deposit the clause and that it has been rejected,” La Liga told BBC Sport.
FFP rules, first implemented during the 2011-12 season, stipulate that European clubs cannot outspend what they earn by more than 30m euros.
PSG are backed by money from Gulf state Qatar and La Liga president Javier Tebas has accused the French club of “financial doping”.
He told AS: “La Liga is positing that state-backed clubs that compete using ‘financial doping’ could destabilise professional football in Europe”.