Assuming this report is reasonably accurate and AVB was offered unlimited funds to strengthen the PSG squad it shows conclusively IMO that these monied clubs are just ignoring FFP. PSG's fan base, and other income, will never provide sufficient income for the clubs' expenses to be covered.http://www.telegraph.co.uk/sport/football/teams/tottenham-hotspur/10128628/Exclusive-Tottenham-Hotspur-head-coach-Andre-Villas-Boas-rejects-lucrative-post-at-Paris-St-Germain.html
New Jason Burt article:
-Levy still holds pursestrings
-Andre loyal and happy
-Paulinho offer imminent
-Villa still keen to join
PSG are believed to have offered Villas-Boas a three-year contract, which would have placed him among the three highest-paid managers in world football, as well as unlimited transfers funds.
Baldini’s appointment, a deal that was agreed earlier this week and will be announced imminently, has also helped persuade Villas-Boas to stay as he has a strong relationship with the Italian, who recently left Roma and is regarded as one of the best football administrators in Europe.
Villas-Boas has been urging Spurs to recruit Baldini since he arrived at the club and chairman Daniel Levy has always liked the European model of a head coach and director of football. It remains to be seen how much control over transfers Levy now cedes in the new set-up.
Villas-Boas will now hope that Spurs push ahead with strengthening their squad so that they can challenge for honours next season and that ambition has also made him decide to stay.
According to sources close to Villas-Boas he is extremely grateful to Spurs and Levy for the opportunity they gave him last summer, after he was sacked by Chelsea after only a few months, and does not want to be regarded as a coach who changes clubs every season. He does want to show loyalty to Spurs where he has two more years left on his current deal and where he is settled and happy.
Villas-Boas is, nevertheless, extremely keen for the club to back his judgment in the transfer market having missed out on a series of first-choice targets including Joao Moutinho, Oscar, Willian and Leandro Damiao despite deals appearing to be in place.
The head coach is therefore hoping to make the Brazilian international Paulinho his first signing of what could be an exciting summer of transfer activity for Spurs.
Talks have taken place with Paulinho’s club, Corinthians, and an official offer is expected soon of at least £15 million for the 24-year-old box-to-box midfielder who is currently starring in Brazil’s Confederations Cup campaign.
Villas-Boas is also keen to improve Spurs’ forward line and has held discussions over acquiring David Villa from Barcelona. It is understood that the 31-year-old Spanish international would like to come to the Premier League and is enthusiastic about joining Spurs.