PSG, Nike fined €5.5 million

2015-10-21 11:58
Paris St Germain (File)

Paris - A French court on Tuesday fined football club Paris Saint-Germain (PSG) and sports giant Nike more than ‎€5.5 million after finding them guilty of failing to declare the players' salary top-ups.

The PSG and Nike were ordered to pay ‎€5.5 million in damages and interests to Urssaf, the French organisation that collects social security contributions.

The two were accused of having given under-the-table payments to players in order to avoid taxes between 2000 and 2005, in breach of the country's labour laws.

Players who benefited from the payments included former France international Nicolas Anelka and Brazil's Ronaldinho.

The long-running case had already seen Laurent Perpere, who headed up the PSG between 1998 and 2003, given a ten-month suspended sentence and a ‎€30 000 fine in 2013.

His successor Francis Graille was also handed down a six-month suspended sentence and a ‎€15 000 fine.

Read more on:    paris st germain  |  nike  |  ligue 1  |  soccer

What To Read Next


Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Live scoring

Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Sport24 on Twitter

Follow Sport24 news on Twitter


The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs

Do you think SAFA made the right choice in appointing Stuart Baxter as head coach of Bafana Bafana?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

There are new stories on the homepage. Click here to see them.