UEFA launches formal investigation into PSG’S outrageous summer spendings.

Union of European Football Association (UEFA); has launched an investigation into Paris Saint-Germain for potential financial fair play violations, European football’s governing body announced on Friday.4e1bbcd8-70f9-515e

The formal move comes one day after the close of the transfer window in which PSG secured the two highest-priced transfers of all time in Neymar and Kylian Mbappe for more than €400 million.

UEFA’s Club Financial Control Body monitors all clubs as a matter of course; but still made a point to announce the investigation into PSG and said the summer acquisitions were behind their move.

“The investigation will focus on the compliance of the club with the break-even requirement, particularly in light of its recent transfer activity,” a UEFA statement said.

“In the coming months, the Investigatory Chamber of the UEFA Club Financial Control Body will regularly meet in order to carefully evaluate all documentation pertaining to this case.”

*WrYta Amenyoh Raphael*

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