Against the backdrop of a glorious history featuring two consecutive Champions League titles and five straight Ligue 1 championships, it is hard to believe that Paris Saint-Germain have started the 2026 season with three winless matches and now sit only 12th in the standings. This is not merely the predicament of an ordinary relegation-threatened team, but a harsh reality faced by a top club.

In the previous match, Paris managed to earn a point with a last-gasp equalizer, and many fans may have attributed it to luck. However, the subsequent 1-2 home defeat after being overturned by Monaco was even more disappointing, meaning they have failed to win any of their three competitive matches. Although they led at halftime, the collapse in the second half revealed the many problems within the team.

Marquinhos' header in the 31st minute gave fans at the Parc des Princes hope, but soon afterward, a defensive lapse allowed Naciniho to equalize in the 58th minute. Then, in the 72nd minute, young Idumbo completed the comeback with a finish from a very tight angle. After the match, public opinion focused on Ferran's offside goal, seemingly believing it was a turning point that could have changed the result, but the deeper issues exposed on the pitch remained the real concern for PSG supporters.
Before the match, the club had just announced Enrique's contract extension until 2030, while key players including Neves, Pacho, and Fabian Ruiz also renewed their contracts. It should have been a morale-boosting moment, but the excitement was extinguished by the defeat after being overturned. This naturally raises the question: where exactly do the problems lie?
A review of this summer's transfer window provides some clues. PSG earned a significant amount from player sales, reaching a total of 334 million euros, while spending only 152 million on new signings, resulting in a net gain of more than 180 million. The team almost dismantled its original attacking line, with Barcola moving to Liverpool for 125 million and Goncalo Ramos and Mbaye also departing, causing a sharp decline in attacking strength.
New arrivals such as Akliouche and Ferran Torres have reputations, but their lack of chemistry in actual matches has extended the team's adaptation period. The new attacking trio has not been able to deliver its expected impact in the opening phase. Defensive weaknesses are also significant, with the team having conceded six goals, averaging two per game, leaving its defensive performance at a mid-table level.
Monaco's team coordination and excellent tactical execution from their substitute players against PSG were impressive. Their success did not come from massive financial investment, but from a carefully built system. In contrast, PSG, despite spending considerable money, lack genuine cohesion.
When Enrique said that he could not guarantee playing time to anyone, it showed his emphasis on competitive standards, but whether this approach can truly motivate the team remains to be tested. With only two points from three matches, PSG are now seven points behind in the standings, and the pride of the defending champions has suffered a major blow.
Although the end of the season is still far away, there is no denying that such a poor start in Ligue 1 is extremely rare for PSG. During the international break, Enrique will have a chance to regroup, but once the Champions League begins, the margin for error will shrink dramatically.
The management has made it clear that this is a long-term gamble, while fans' patience may be difficult to sustain until 2030. How long this current 'painful transition period' will last, and how the team can develop new chemistry, are challenges facing everyone involved. Where do you think PSG's problems come from? Tactical arrangements, or overly drastic squad changes? Feel free to share your thoughts.