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Friday, September 20, 2024

U.S. Takeover of Euro Soccer Could Continue

  • An unnamed American investment fund is reportedly interested in acquiring a 10%-15% stake in Paris Saint-Germain.
  • No deal is imminent.
PSG players Messi, Neymar, and Mbappe celebrate with teammates after scoring goal
PSG

A top European soccer club could take on a new owner.

An unnamed American investment fund is reportedly interested in acquiring a 10%-15% stake in the Ligue 1 giants Paris Saint-Germain, which Forbes last valued at $3.2 billion — making a potential deal worth more than $300 million. 

Talks are in early stages, and no deal is imminent. Qatar Sports Investment took a controlling stake in the club in 2011.

PSG president Nasser Al-Khelaifi confirmed a potential minority stake sale: “We received an offer of more than 4 billion ($4.1 billion), but we are not going to sell, of course, just a percentage of the club, we’ll think about it.”

  • “We took the club at 70 million euros ($72 million), and today it’s over 4 billion euros ($4.1 billion),” Al-Khelaifi added.
  • “People think we just have money and spent money, that’s not true. From where we bought the club, I think we should be proud.”

The club has won eight league titles in 11 seasons.

SC-Braga

PSG Owner Adds SC Braga to Soccer Lineup

The deal “implies a valuation” of $88 million.
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Ongoing Investments

A sale would be the latest move in Qatar Sports Investment’s portfolio. 

The firm entered an agreement to purchase a nearly 22% stake in Portugal’s SC Braga last month for roughly $18.4 million, reportedly implying a valuation of $88 million. 

QSI, which also backs the Premier Padel tour, discussed taking a minority stake in Leeds United in 2019.

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