PSG Threatens Lyon: Paris St-Germain (PSG) has issued a stern warning to Lyon proprietor John Textor, threatening felony action if he does no longer give up making what they deem “defamatory and detrimental statements” approximately the membership. This response comes after Textor’s interview with the Brazilian e-book Globo, in which he criticized PSG’s monetary practices.
Textor’s Controversial Remarks
In the interview, Textor, who is a majority shareholder in Lyon and an extensive shareholder in Crystal Palace, claimed that competing with PSG became like “competing against a country, now not an owner.” He accused PSG of being “a model of unbridled spending, without regulations.”
PSG’s Ownership and Investments
Since 2011, PSG has been majority-owned by using Qatar Sports Investments, related to Qatar’s sovereign wealth fund, the Qatar Investment Authority. PSG’s popular secretary, Victoriano Melero, refuted Textor’s claims in a letter, describing them as “fake, incendiary, undignified, and nonsensical.”
Rebuttal of Financial Mismanagement Allegations
PSG countered Textor’s allegations by using highlighting Lyon’s monetary struggles beneath his control. French soccer’s economic watchdog, the DNCG, had introduced in July that it’d screen Lyon’s transfers and salary invoice due to inadequate monetary ensures.
Hypocrisy in Spending Criticisms
In their letter, PSG also talked about Textor’s criticisms of Premier League spending policies. They emphasized that less than 20% of PSG’s business sales come from Qatari corporations and that a good-sized portion of the membership is owned via US investor Arctos.
Clarifying Ownership Structure
PSG stated that they have signed 50 new partners within the closing six years, with the most effective one being a Qatari brand. This counters Textor’s narrative of PSG being overly reliant on Qatari investments.
Potential Legal Consequences
The letter concluded with caution: if Textor continues his “defamatory and damaging statements,” PSG will not forget additional criminal action in France, including Textor’s current complaints in Brazil.
Textor’s Legal Troubles in Brazil
Textor, who also owns the Brazilian club Botafogo, faces legal challenges in Brazil. He has been accused of creating unsubstantiated claims approximately corruption and healthy-solving, which were dismissed using the Brazilian football government.
The Impact on French Football
This struggle highlights broader tensions in French football, in which monetary control and aggressive balance are hotly debated topics. PSG’s reaction alerts its dedication to protecting its reputation and monetary practices from public grievance.
Summary: PSG Threatens Lyon
PSG’s threat of prison movement against John Textor underscores the seriousness with which they view his allegations. As monetary scrutiny in football intensifies, such disputes may also turn out to be extra common. Reflecting the excessive stakes in the game’s financial panorama.
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