Saturday

November 23rd , 2024

FOLLOW US

PSG OWNERS EXPLORE POSSIBILITY OF BUYING MINORITY STAKE IN A PREMIER LEAGUE CLUB

featured img
Sports

A year ago



Nasser Al-Khelaifi, the president of PSG and the chairman of QSI, met with Daniel Levy, the chairman of Tottenham, last week in London. 

The Glazer family, who own Manchester United, has stated that they are searching for new investment and would also be open to selling the team. 

The owners of Liverpool have indicated that they "would consider new shareholders." 

However, QSI, which also owns a small investment in the Portuguese team Braga, is not currently pursuing any particular clubs. 

It is also being emphasized that, despite the meeting with Levy, there was no discussion of QSI purchasing an equity stake in Tottenham.


It is unlikely that the Qataris will complete a takeover because that would mean selling PSG. Multi-club ownership is prohibited by Uefa statutes, who are the body that governs European football. 

In a Uefa club competition, it is against the regulations for "any individual or legal body to have control or influence over more than one club."


A minority share in Paris Saint-Germain is sought after by three parties. 


The Financial Times earlier today reported that PSG was in talks with a number of companies about selling a 15% ownership in the team, which would value it at €4 billion. A share would value the club at that level, but an overall bid probably wouldn't go that high. Even yet, this represents a substantial increase in value over the €100,000,000 that QSI paid for the club in a staggered purchase in 2012.


The United States is the home country of two of the three parties interested in the stake. 


One of those parties has made a solid offer, another has made a preliminary offer, and a third group is still circling but hasn't made an offer as of yet. 


There is no indication that this has anything to do with QSI selling PSG as a whole; rather, it has to do with PSG's next phase of growth and company scaling. PSG is eager to add more expertise to their investing base, especially when it comes to creating a worldwide company.

Total Comments: 0

Meet the Author


PC
D� Rhich Khid

Content writer

follow me

INTERSTING TOPICS


Connect and interact with amazing Authors in our twitter community