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PSG are on course for huge losses... without batting an eyelid

marca.com, 20 June 2022, 13:00
They are spending big despite negative budget

Sometimes Paris Saint-Germain's directors seem to live in a parallel world, unaffected by issues and expenses, immune to financial losses.

After their last financial year ended with a record 224 million euros negative budget, it is estimated that the next financial year will be no different.

As L'Equipe indicates, PSG's losses should again be between 200m and 300m euros, with the French publication warning that the situation could worsen in 2023.

This is when Kylian Mbappe's new mega contract will come into force, with La Republique reporting that the deal is worth 50m euros over three years plus a 100m euros sign-on fee.

Understandably, PSG will be forced to cash in on numerous players in their bid to balance their books, although the financial crisis does not seem to affect the club too much.

The sacrifices that'll be made at PSG

Pablo Sarabia, Rafinha Alcantara, Arnaud Kalimuendo, Alphonse Areola and Sergio Rico are all expected to part ways with the Ligue 1 side in the summer.

Meanwhile, all the rest of their midfielders, apart from Marco Verratti, could depart the club if appropriate offers arrive.

As for Mauro Icardi, the Argentine is valued at more than 50m euros and his salary is too high for a player who produced a below-par season.

The same applies to Georginio Wijnaldum, who didn't manage to live up to expectations after his free transfer from Liverpool last summer.

PSG are calm about their financial situation

After renewing Mbappe's contract and making Nuno Mendes' move permanent, PSG are interested in signing Porto's Vitinha, Lille midfielder Renato Sanches and Inter centre-back Milan Skriniar.

Those teams are asking for 40m euros, around 20m euros and more than 80m euros, respectively.

So, it seems PSG aren't batting an eyelid, even after they recorded 124m euro losses in 2019/20, with the figure increasing to 224m euros last year.

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