PSG have ban lifted
By Patrick Haond
Last Updated: 01/01/70 1:00am
Backed by major shareholder, Canal + chairman Bertrand Meheut, the club were able to convince the committee of PSG's financial situation and have the ruling lifted.
When PSG chairman Francis Graille (pictured) finally met with Red Devils chief executive Peter Kenyon and other delegates, the two parties were still unable to conclude a deal for Brazilian superstar Ronaldinho.
Graille revealed he turned down the United offer for the Samba star as the two were miles apart in terms of valuation, as the Premiership champions offer of é¼28 million (£19.5 million) did not meet Graille's as he is holding out for at least é¼40 million (£27.5 million).
Sir Alex Ferguson's men will have to decide quickly if they are to up their offer as it was revealed Primera Liga outfit Barcelona have proposed to match the Parisians' valuation for the World Cup winner and Real Madrid also remain in the hunt.
In other news, Demis Nikolaidis has agreed a two-year deal at Parc des Princes after leaving AEK Athens as a free agent after completing his medical on Wednesday.
The other surprise arrival in the French capital is Eric Cubilier, who is on a season-long loan from Monaco while Bordeaux hit-man Pauleta still remains a target.
If PSG are successful in their attempts to land the Portuguese ace, Kaba Diawara looks certain to leave with Charlton Athletic and Nice, where he enjoyed a successful loan spell last term, set to battle it out for his signature.