Paris Saint-Germain v Celtic FC - UEFA Champions League
PARIS, FRANCE - NOVEMBER 22: Neymar of PSG prepares for a corner kick during the UEFA Champions League group B match between Paris Saint-Germain and Celtic FC at Parc des Princes on November 22, 2017 in Paris, France. (Photo by Catherine Ivill/Getty Images)

PSG were cleared of breaching FFP rules, but the club’s transfer dealings from last summer onwards are “under close scrutiny” as they will need to sell £52.9m worth of players by the end of June, to comply with financial fair play (FFP) rules, according to BBC.

UEFA opened an investigation following PSG’s disregard of the world record transfer fee in August 2017 when they signed Neymar for £200m. They also signed Kylian Mbappe on loan and could pay £165.7m for him this summer.

“The financial impact of transfer activities as from the 2017 summer – up to and including the upcoming transfer window – and compliance with the break-even requirement for the 2018 financial year will remain under close scrutiny and will be thoroughly looked at in the coming weeks,” Uefa said in a statement.

European football’s governing body introduced FFP ‘break-even’ rules in 2013, requiring clubs to balance their spending with their revenue.

In closing the investigation, Uefa said the “break-even result of the club remains within acceptable deviation” for the past three financial years.

However, in order to balance the books for the current financial year, which ends on 30 June, they need to raise money from player sales.