La Liga make complaint about state funding being used to distort the market

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PSG in firing line, maybe Newcastle and Man City as well? La Liga make complaint about state funding being used to distort transfer market.

La Liga have made a complaint, alleging ‘state funding’ is being used by PSG to ‘distort’ the market.

When reporting on the news, City AM have raised the possibility of potentially Manchester City and Newcastle United being targeted as well.A complaint to the European Commission against Paris Saint-Germain for allegedly receiving state aid and distorting the market has raised the prospect of Manchester City and Newcastle United being next in the firing line.

Tebas’s LaLiga on Saturday announced it had lodged a complaint with the European Commission that PSG was in receipt of state funding from Qatar which had the effect of “seriously distorting” the European Union’s internal market. Competition lawyer Alexander Rose, a partner at the firm DWF, said UK clubs could be the subject of similar complaints to the EU as PSG. Newcastle, majority owned by PIF and now sponsored by Saudi company Sela, could also attract scrutiny.It is down to the introduction of the new EU Foreign Subsidies Regulation, which means the EC is no longer restricted to probing state aid that originates from within the EU.

 

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