PSG have been cleared of breaching financial fair play rules by UEFA

UEFA have closed their investigation into the financial affairs of French champions Paris Saint-Germain.

European football’s governing body opened an investigation into the spending of the Qatari-owned club following their big spending last summer.

That saw Les Parisiens splash £200million to land Neymar from Barcelona – more than doubling the world transfer record.

They would also sign Kylian Mbappe on loan from Monaco, with that deal set to be turned permanent for £166million this summer.

La Liga president Javier Tebas accused PSG of “financial doping” while there were suggestions the club had inflated fees for sponsorship deals.

At the heart of the issue was one deal, renewed last year, with the Qatar Tourism Authority, believed to be worth €120million annually but which had been assessed for UEFA by an independent marketing consultant, who judged the figure as far above genuine commercial “fair value”.

The initial sponsorship deal between the two had previously been investigated in 2014, leading to a settlement between the UEFA Club Financial Control Body and PSG being agreed, with sanctions.