Football: Bayern chairman urges Uefa to act against PSG over Financial Fair Play

BERLIN (REUTERS) - Karl-Heinz Rummenigge has become the latest high profile official to urge European football governing body Uefa to enforce its own Financial Fair Play (FFP) rules, saying it must act against Paris St Germain if there has been any breach of regulations.

The FFP rules, which came fully into force this season after a three year transitional period, in essence state that clubs cannot spend more than they earn from their TV rights, gate receipts, sponsorship and competition prize money revenue streams.

The system allows for some debt, but is designed to stop reckless spending on wages and transfer fees thanks to huge cash injections from wealthy owners.

"I cannot imagine that Paris St Germain are complying with Financial Fair Play," Rummenigge, the chairman of European champions Bayern Munich and also chairman of the powerful European Club Association, told the SpoBis business convention in Duesseldorf, Germany on Wednesday.

French champions PSG, owned by the Qatar Investment Authority, were not immediately available to comment.

"We all know about the money stream coming in from Qatar, allegedly about 200 million euros (S$343 million) per season," Rummenigge continued. "I hope that (Uefa president) Michel Platini will take this matter seriously. Clubs that breach the FFP rules will have to pay the price... it cannot be that the Champions League is decided by some rich guy whether he comes from Russia or Saudi Arabia."

PSG's fortunes have been transformed since they were bought by Qatari investors in May 2011. The club have paid out huge sums for players such as Zlatan Ibrahimovic, Edinson Cavani and Thiago Silva since then and last season won the French title for the first time since 1994.

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