PSG

[Football guy]

So what are next transfers PSG should be looking for , surely they should spend more this summer ? Any rumors there?

 

[Ntini77]

I wish they'd do the decent thing and buy some of our misfits.

 

[Football guy]

I wish they'd do the decent thing and buy some of our misfits.

i honestly still hope them to come for adebayor and offer us something like 15m ( i may be trolling there though :)

 

[MCFC4EVR]

I wish they'd do the decent thing and buy some of our misfits.

i honestly still hope them to come for adebayor and offer us something like 15m ( i may be trolling there though :)

Knowing he'd reject them like he did last summer when they didn't have the likes of Ibrahimovic.

 

[petrusha]

I suspect Adebayor would now jump at the chance to join PSG now if they came in for him, but it seems unlikely that they will.

Anyway, further to the discussion of PSG's financial prospects contained in this thread, the Swiss Ramble blog has today published this analysis of their position: http://swissramble.blogspot.ch/2012/07/paris-saint-germain-dream-into-action.html.

It's a pretty lengthy treatise, so I won't cut and paste it all here. However, for those of us interested in their FFP strategy, it contains some interesting stuff.

Before I get into all that, here's a reminder of the 'acceptable deviations' for FFP purposes:

So the first monitoring period, 2013/14 allows an aggregate loss of EUR 5 million plus a further EUR 45 million if covered by the owners for the periods 2011/12 and 2012/13. If you look at the PSG Profit/(Loss) Trend graphic that's in the piece, it suggests estimated losses of EUR 100 million for the first period and EUR 70 million for the second period. The piece actually suggests that the loss for the latter period may even be slightly higher.

In terms of revenue growth, it's noted that: "QSI’s plans involve growing revenue from the current €101 million to €130 million in 2012/13 and then to €250 million in 2014/15".

The upshot of all this is as follows:

In addition, UEFA’s break-even analysis allows clubs to exclude “good” costs, such as depreciation on fixed assets and expenditure on youth development and community, while the first year can deduct wages of players signed before June 2010.

That’s a help, but PSG’s projected losses of €170 million are clearly far higher than the €45 million allowance, so it looks like they will have to rely on one of UEFA’s get-out clauses, namely that an improving trend in the annual break-even results “will be viewed… favourably” (Annex XI). In this way, they might manage to avoid the ultimate sanction of being thrown out of the Champions League.

Indeed, while UEFA’s president Michel Platini has said that he is not a fan of clubs that “buy players left, right and centre”, Andrea Traverso, his head of licensing, has been more circumspect, “Before we apply any penalties, we will look at a club’s financial situation in its entirety.”

Nevertheless, Al-Khelaifi is well aware of this issue and has said that it is QSI’s long-term plan to make PSG into a profitable club, “In five years we want to make money.” The idea is to invest massively in new players in the first few years in order to boost the sporting and commercial potential of the club, so that it is self-sufficient by the time that FFP really begins to bite.

 

[BoyBlue_1985]

So out of us, Chelsea, and PSG who is more likely to get the first sanction from the fat french ****

 

[alky313]

In 5 years most of their 2012 signings of players will be well exiting their prime or well past it.

 

[the goats backside]

In 5 years most of their 2012 signings of players will be well exiting their prime or well past it.

Got a lot more chance of success, if they bought young what would happen, ask Arsene.

 

[alky313]

In 5 years most of their 2012 signings of players will be well exiting their prime or well past it.

Got a lot more chance of success, if they bought young what would happen, ask Arsene.

We bought the likes of Nasri/Aguero last summer. All of whom will be just touching thirty in 5 years time. Zlatan will be 35, Thiago 33.

They'll need to invest once more. Even top clubs struggle to turn profits during years with high overturn.

 

[waspish]

I read FFP last year and in there it says total break even is by the year 2018