Here's why La Liga wants to sue PSG over 'scandalous' Kylian Mbappe deal
La Liga has said it will file a complaint against PSG over the 'scandalous' renewal for Kylian Mbappe
The league questioned the financial basis of the deal
La Liga promised to rope in UEFA, French authorities, and EU authorities
With Kylian Mbappe announcing his intention to continue his career with Paris Saint-Germain in what can only be described as a twist to a long-drawn transfer saga, La Liga has decided to lodge an official complaint against the French club, questioning the financial basis of the deal.
"It is scandalous that a club like PSG ... can close such an agreement, while those clubs that could afford the hiring of the player without seeing their wage bill compromised, are left without being able to sign him," La Liga said in a statement.
The league went on to explain that PSG had reported losses of more than €220 million last season, on top of losses of more than €700 million in prior seasons, adding that the valuation of the club's sponsorship income was also doubtful. It further said that under such circumstances, PSG still had a squad cost of €650 million, and went on to call the Mbappe deal an "impossible investment" that "is violating current UEFA and French economic control rules."
"La Liga will file a complaint against PSG before UEFA, the French administrative and fiscal authorities and European Union authorities to continue to defend the economic ecosystem of European football and its sustainability," the league further said.
"This behaviour demonstrates once more that state owned clubs do not respect and do not want to respect the rules of a sector as important as football. These rules are key to protect and sustain hundreds of thousands of jobs," the league added.
Earlier on in the day, La Liga president Javier Tebas had also harshly criticised the French club calling the deal for Mbappe "an INSULT to football."
The Frenchman will reportedly sign a three-year deal with PSG.