Following the Real Madrid transfer saga, La Liga has asked Paris’ administrative court to cancel Kylian Mbappe’s mega-contract at Paris Saint-Germain, claiming the deal is ‘financially impossible.’ In May, PSG signed Kylian Mbappe to a three-year contract extension. According to reports, La Liga has asked Paris’ administrative court to cancel the agreement. The division claims that the transaction should have been financially feasible. Real Madrid carefully scrutinized Mbappe before extending his contract. The case is not expected to be resolved until the end of next season. Published: 20:01 EDT, July 22, 2022 | Updated: 20:48 EDT, July 22, 2022
According to reports, La Liga has asked Paris’ administrative court to cancel Kylian Mbappe’s new PSG contract.
After months of talks with Real Madrid about a possible transfer, the 23-year-old signed a new lucrative contract with the French champions in May.
Mbappe eventually chose to stay in Paris, but the Spanish federation has filed appeals against PSG, Ligue 1 and French football’s financial watchdog DNCG, according to AFP via 90min, claiming PSG should not have been able to finance the forward’s new contract. Kylian Mbappe appeared to be on his way out of PSG before signing a new contract with the French champions. Mbappe, who joined the club from Monaco in 2017, is under contract until 2025. For months, it appeared that Mbappe would join Real Madrid before signing a new three-year contract extension with PSG. After the deal was signed, La Liga’s lawyer, Juan Branco, announced that the division would take legal action, claiming that the DNCG should not have approved PSG’s finances and that the LFP – the authority for Ligue 1 and 2 – should not have approved the contract. La Liga is said to have filed a request to rescind DNCG’s approval as well as to cancel the contract. Both requests were reportedly denied immediately due to a lack of urgency, but will be considered in the future, with a decision not expected before the end of the 2022-23 season. Florentino Perez, president of Real Madrid, had been pursuing Mbappe for several months. The forward was in Japan recently for PSG’s pre-season tour ahead of the new season. Branco has also promised to go to European authorities, alleging that PSG falsified balance sheets and voluntarily overestimated projected budgets. They are also accused of covering up a system with sponsors with direct ties to Qatar. ‘We’re looking for a new decision like that of Bosman’s law, which liberated the market,’ Branco said via BeSoccer. Now we want the market to be regulated and the very strict financial rules in the Spanish La Liga to be extended throughout Europe.’
More: La Liga asks a Paris court to overturn Kylian Mbappe’s new PSG contract.
La Liga has requested that Mbappe’s contract be terminated.