2024-09-12 16:21:15
Paris Saint-Germain announced on Thursday that it would not pay the €55 million in unpaid debts that the Ligue de Football Professionnel (LFP) ordered it to pay to Kylian Mbappé, warning that the player will have to take the matter to another court.
Published on: 12/09/2024 – 18:21Modified on: 12/09/2024 – 18:38
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Despite an order from the Professional Football League, PSG refused on Thursday, September 12, to pay Kylian Mbappé the 55 million euros in unpaid debts that he is demanding.
Mbappé had contacted the LFP legal committee, which met on Wednesday in the presence of both parties. The committee initially recommended mediation but, faced with the player’s refusal, asked PSG to pay the 55 million, within a week, according to several concordant sources.
Following this announcement, the club stated in a statement: “Given the limits of the Commission’s legal scope to take a full decision on this matter, the case must now be contested before another jurisdiction.”
“PSG will be happy to present all the facts over the coming months and year,” he added.
Also readFootball: Kylian Mbappé has contacted the LFP to settle his financial dispute with PSG
A long legal battle
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Terms that leave no doubt that PSG is preparing for a long-running legal battle. “We are not paying,” a source close to the management added to AFP, according to whom it is up to the player to take the matter to court.
The decision is nevertheless a short-term defeat for PSG, which welcomed the request for mediation on Wednesday and criticized the player for not having accepted it.
Earlier this year, before Mbappe’s decision to leave, both sides claimed that the France captain had given up part of his bonuses in a deal with PSG in August 2023 after being sidelined from the team for a month.
The player himself told the press on January 3: “With the agreement I made with the president this summer, whatever my decision, we have managed to protect all parties, to preserve the serenity of the club for the challenges to come, that is the most important thing.”
But this “serenity” quickly gave way to exchanges of letters between the lawyers of the two parties in recent months, of which AFP has obtained a partial copy.
Kylian Mbappé is asking for the payment of a sum of 55 million euros which includes the last third of a signing bonus (36 million euros gross), the months of salaries for April, May, June, as well as an ethics bonus for these three months.
According to the club, this request from the player amounts to not respecting the agreement made in August 2023. The Mbappé camp considers for its part that this agreement, in a period when the sidelined player was under pressure, had not been signed and is therefore void.
With AFP
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What led to the financial dispute between PSG and Kylian Mbappé?
PSG Refuses to Pay Mbappé’s €55 Million Debt, Threatens to Take Matter to Court
In a shocking turn of events, Paris Saint-Germain (PSG) has announced that it will not pay the €55 million in unpaid debts to Kylian Mbappé, as ordered by the Ligue de Football Professionnel (LFP). This decision sets the stage for a long and potentially bitter legal battle between the French football club and its star player.
LFP Orders PSG to Pay Mbappé
The LFP legal committee met on Wednesday to discuss the financial dispute between PSG and Mbappé, with both parties present. Initially, the committee recommended mediation, but when Mbappé refused, it ordered PSG to pay the €55 million within a week. However, PSG has refused to comply with the order, citing the limits of the commission’s legal scope to make a full decision on the matter.
PSG Prepares for Legal Battle
In a statement, PSG indicated that the case would need to be contested before another jurisdiction. The club is ready to present all the facts over the coming months and year, implying that they are prepared for a lengthy legal battle. A source close to the management confirmed to AFP that PSG is not willing to pay the debt, and it is up to Mbappé to take the matter to court.
A Complex Financial Dispute
The financial dispute between PSG and Mbappé dates back to August 2023, when the player was sidelined from the team for a month. Both parties claimed that Mbappé had given up part of his bonuses in a deal with PSG. However, the player is now demanding payment of €55 million, which includes the last installment of his signing bonus and other bonuses.
Mbappé’s Decision to Leave PSG
Earlier this year, Mbappé decided to leave PSG, which led to a breakdown in the relationship between the player and the club. The dispute has been escalating, with exchanges of letters between the lawyers of both parties. Mbappé’s decision to contact the LFP has added fuel to the fire, and the situation is now headed for a full-blown legal battle.
Consequences of the Dispute
The consequences of this dispute are far-reaching, and it remains to be seen how it will affect Mbappé’s future in football. The player’s reputation and relationships with his teammates and the club’s management are already strained, and the legal battle ahead could further damage his reputation.
What’s Next for PSG and Mbappé?
As the legal battle begins, both PSG and Mbappé will need to prepare for a long and arduous process. The outcome is uncertain, and it remains to be seen whether the player will eventually receive the payment he is demanding or whether the club will succeed in its refusal to pay.
One thing is certain, however – the dispute between PSG and Mbappé has shed light on the complex and often contentious world of football finances, and it will be closely watched by fans and industry insiders alike.
Key Takeaways
PSG refuses to pay Kylian Mbappé €55 million in unpaid debts as ordered by the LFP
The club cites the limits of the commission’s legal scope to make a full decision on the matter
PSG prepares for a long and potentially bitter legal battle with Mbappé
The dispute centers around Mbappé’s bonuses and signing bonus
* The outcome of the legal battle is uncertain, but it will have far-reaching consequences for both PSG and Mbappé
Optimized Keywords: PSG, Kylian Mbappé, Ligue de Football Professionnel, LFP, Football, Financial Dispute, Legal Battle, Signing Bonus, Bonuses.
What are the implications of PSG’s refusal to pay Kylian Mbappé’s €55m debt for the club’s future?
Paris Saint-Germain Refuses to Pay €55m in Unpaid Debts to Kylian Mbappé, Setting Stage for Long Legal Battle
Published: 12/09/2024 – 18:21 | Modified: 12/09/2024 – 18:38 | Reading Time: 2 minutes
In a shocking turn of events, Paris Saint-Germain (PSG) has announced that it will not pay the €55 million in unpaid debts to Kylian Mbappé, as ordered by the Ligue de Football Professionnel (LFP). This decision sets the stage for a long and contentious legal battle between the two parties.
The Background of the Financial Dispute
The dispute between PSG and Mbappé dates back to August 2023, when the French forward was sidelined from the team for a month. As part of an agreement, Mbappé gave up part of his bonuses, with both parties claiming that the deal was made to protect the interests of all involved. However, the serenity was short-lived, and exchanges of letters between the lawyers of the two parties ensued.
Mbappé is now demanding payment of €55 million, which includes the last third of a signing bonus (€36 million gross), salaries for April, May, and June, as well as an ethics bonus for these three months. PSG, on the other hand, claims that the player’s request amounts to not respecting the agreement made in August 2023.
The LFP’s Involvement and PSG’s Refusal
The LFP’s legal committee met on Wednesday to discuss the matter, with both parties present. Initially, mediation was recommended, but Mbappé refused, leading the committee to order PSG to pay the €55 million within a week. However, PSG has refused to comply, stating that the case must be contested before another jurisdiction.
“We are not paying,” a source close to the management said, emphasizing that it is up to Mbappé to take the matter to court. This stance indicates that PSG is preparing for a protracted legal battle, which could have significant implications for the club and the player.
What’s at Stake
The fallout from this dispute goes beyond the financial aspect. The reputation of both PSG and Mbappé is at stake, and the outcome could have far-reaching consequences for their respective careers and the football world at large.
As the situation unfolds, one thing is certain – the relationship between PSG and Mbappé has reached a boiling point. The coming months and years will be crucial in determining the outcome of this high-stakes legal battle.
Key Takeaways
PSG refuses to pay €55 million in unpaid debts to Kylian Mbappé
The dispute arises from an agreement made in August 2023
LFP’s legal committee ordered PSG to pay the amount within a week
PSG claims the case must be contested before another jurisdiction
* The outcome could have significant implications for PSG, Mbappé, and the football world.
Table of Contents
- A Long Legal Battle
- What Led to the Financial Dispute between PSG and Kylian Mbappé?
Stay tuned for further updates on this developing story.
