Paris Saint-Germain (PSG) and Monaco are two of the biggest football clubs in France. They are also two of the richest clubs in the country, with PSG being the wealthiest. The two clubs have a long-standing rivalry that has produced some memorable matches over the years.
Recently, there have been reports that PSG owes Monaco a significant amount of money. The rumors have been circulating for some time, but the exact amount owed has not been confirmed. So, how much money does PSG owe Monaco, and what is the reason for the debt?
The Debt
The exact amount of money that PSG owes Monaco is not known. However, reports suggest that it is around €200 million. The debt is said to have arisen from two separate deals that PSG made with Monaco.
The first deal involved the transfer of Kylian Mbappe from Monaco to PSG. Mbappe is one of the most talented young players in the world and was a key player for Monaco when he was sold to PSG. The deal was reportedly worth around €180 million, which made Mbappe the second-most expensive player in history at the time.
As part of the deal, PSG agreed to pay Monaco a certain amount of money over a period of time. However, it is believed that PSG has not made all the payments that were agreed upon. This has left Monaco in a difficult position, as they had expected to receive the money on time.
The second deal involved a dispute over the transfer of Jordi Mboula from Barcelona to Monaco. PSG reportedly agreed to pay Barcelona a percentage of any future transfer fee that Monaco received for Mboula. However, the two clubs have been unable to agree on the percentage owed, which has led to a dispute between them.
PSG’s Financial Troubles
PSG’s debt to Monaco is just one of the financial issues that the club is currently facing. The club’s owners, Qatar Sports Investments (QSI), have invested heavily in the club over the years, but the coronavirus pandemic has hit them hard financially.
In September 2020, PSG’s president, Nasser Al-Khelaifi, confirmed that the club had suffered a loss of around €100 million due to the pandemic. This has forced the club to cut costs and look for ways to generate more revenue.
Conclusion
In conclusion, PSG owes Monaco around €200 million, which is believed to have arisen from two separate deals. The debt is just one of the financial issues that PSG is currently facing, as the coronavirus pandemic has hit the club hard. While the exact amount owed is not known, it is clear that the debt is a significant one and needs to be resolved as soon as possible.
