PSG News: PSG President Al-Khelaifi Warned Barcelona of Miracaleous Spending
It was obvious that he did not tell sweet words about the Catalan club.
On the other side, La Liga president Javier Tebas did not take the time to hit back at PSG president.
In the assembly, the PSG chief spoke: “The new financial sustainability rules are a positive development. Rules control costs. They encourage investment and new investors. They will help ensure the sustainability of football. But we have to be careful; dangerous levels of debt and the magic injection of capital is not sustainable path. We need to think long term, not short term.”
Al-Khelaifi also talked about the close relationship between ECA and UEFA. He also supported the new men’s competition format to reform the Champions League presented by UEFA. He spoke: “ECA has also worked closely with UEFA on the new men’s competition format after 2024. These will be more exciting matches. Competitions will be more inclusive.”
He is also very optimistic about the increase in his club’s annual income. He is very happy about the financial growth and said: “And in the United States, our growth exceeds 150%, with the sale of the rights.”
Al Khelaifi also revealed his plans to work with their media partners to strategize “how to reach new audiences” in relevant and innovative ways.
Barcelona is regularly pushing all the limits of its finances to attract big names to the club. After Messi left Barca behind, the Catalan club went through a tough time. But they are recovering from that crisis. They have raised funds by selling off various television and media rights to raise funds to register players for this season.
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