Michel Euler/Associated Press

Paris Saint-Germain have won an appeal against UEFA's financial fair play sanctions on the club.

The governing body had punished the Ligue 1 champions after reviewing transfers and player wages.

According to the Associated Press, the Court of Arbitration for Sport ruled in favour of PSG after UEFA attempted to reopen a case against the club.

Football writer Tariq Panja shared CAS's media release and explained the latest state of play:

PSG's finances from 2017-18 have also been scrutinised by UEFA, but the latest CAS ruling does not cover that investigation. The French champions saw the arrival of Neymar and Kylian Mbappe during that 12-month period.

Neymar signed for PSG from Barcelona for a world-record fee of £200 million (€222 million). The transfer was the most high-profile switch in football history and displayed PSG's strength in attracting the greatest talent on the planet.

Mbappe arrived from Monaco on loan after impressing in Ligue 1 and Europe and made his transfer permanent the following summer.