A report out of France has suggested that an American investment fund is interested in purchasing a portion of Paris Saint-Germain, or simply PSG. L’Equipe is claiming that the investors could buy up to a 15% stake in the Ligue 1 champions.
The French outlet has not revealed any names of the potential investors. However, the partial purchase would the latest Americans investment in world soccer. Arsenal, Chelsea, Liverpool, Manchester United (for now), Marseille, and AC Milan all currently have some type of American ownership.
Qatar Sports Investments have owned PSG since 2011
Qatar Sports Investments (QSI) purchased PSG in 2011. The takeover by the Qatari group immediately made the club one of the richest teams in the world. QSI is reportedly a subsidiary of Qatar Investment Authority (QIA), which is a state-run fund in the Middle Eastern country.
Since buying the club eleven years ago, PSG has won eight of the last 10 French titles. The Parisians have also garnered a reputation of being one of the most free-spending clubs in the world as well. The highlight of the tenure was acquiring Neymar in 2017 for an astounding $220 million.
Prior to the QSI investment, PSG had only collected two Ligue 1 titles in their history. The club is now, however, tied with Marseille and Saint-Etienne for the most French titles in the league with 10.
American investment in PSG is pricey
Forbes values PSG at about $3.2 billion. This currently ranks seventh in world soccer club valuation. Just eight years ago, the financial company supposedly valued the Parisian club at just $415 million. Now, this figure hovers around what it takes to acquire the 15% the American group seeks in its investment of PSG.
The aforementioned French outlet is also claiming that the Americans have approached PSG about the possible purchase. Nevertheless, it is not yet determined if QSI would be willing to listen to any potential offers.
PHOTO: IMAGO / Icon Sportswire
Source link : https://worldsoccertalk.com/news/report-suggests-american-investment-fund-eyeing-psg-minority-stake-20221123-WST-409710.html
Author : Chris Moore
Publish date : 2022-11-23 19:38:01
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