In what will come as welcome news for France Ligue team Paris Saint-Germain (PSG), UEFA has lifted their Financial Fair Play restriction, thus giving them free reign to bid for likes of Cristiano Ronaldo and Angel Di Maria for the upcoming season.
The news, which was broken to the French club this past Wednesday, came after PSG pleaded UEFA not to punish them further and relax the rule on investment.
Cristiano Ronaldo is PSG’s number one target this summe
UEFA had put a limitation of £42.5m (60m Euro) on PSG for transfer budget this summer and the team was in a dilemma as out of the 60m euros, 12m (£8.5m) euros had already been committed to the signing of defender Serge Aurier on a four-year deal from Toulouse.
UEFA had earlier indicated that it would lift the limitations on club spending so as to make the teams more competitive and also to ensure that clubs gets more attractive offers from new investors in the process. PSG along with Manchester City would be among the biggest beneficiaries from this change, looking at their business model and financial muscle power.
Angel-di-Maria-is-reportedly-wanted-by-PSG
PSG has had their eyes on Cristiano Ronaldo for this summer, with the club also showing their interest towards for Angel Di Maria. With this move the club is now financially free to bid on their targeted star players and will now try to move Zlatan Ibrahimovic out as he is 33 and has just one year left on his contract.
Other players besides Ronaldo and Di Maria that PSG would now try to sign on are midfielder Marco Verratti and goalkeeper Hugo Lloris.
