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Giant PSG losses for the previous season. The Qatar people had to add several hundred million euros

Giant PSG losses for the previous season. The Qatar people had to add several hundred million euros

French PSG has been able to afford almost unlimited expenses since it was taken over by the Qatar. Journalists of “L’Equipe” found out how much the owners of the club had to contribute to its functioning in the season 2021/2022.

Before the previous games, a number of stars hit the Parc des Princes. The team was joined by, among others, Leo Messi, Sergio Ramos and Gianluigi Donnarumma. Especially the former had to be paid a lot of money.

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Even in previous seasons, PSG regularly subsidized losses. In the 2019/2020 competition, Qatar contributed EUR 124 million to the business. A year later, it was already EUR 204 million.

As reported by “L’Equipe”, the losses for the 2021/2022 season were absolutely record-breaking. This time it was necessary to add as much as EUR 370 million.

The French daily reports that the club’s total budget for last season exceeded the billion-euro barrier. PSG’s revenues amounted to “only” EUR 700 million.

The vast majority of expenses are the salaries of the players themselves. Parisians have allocated about 600 million euros for this purpose alone, paying huge amounts of money to Messi, Mbappe or Neymar.

UEFA punished Parisians for breaking the rules of the Financial Fair Play. Ultimately, however, the French club only has to pay 10 of the 65 million initially awarded. Over the next few years, PSG will have to reduce its losses, and progress on this issue is to be reported every 3 months.

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