PSG owner invests further €365m into club

first_imgQatar Sports Investments (QSI), the owners of Ligue1 champions Paris Saint-Germain, has reportedly agreed to a capital increase of $365 million (£280m) for the club, according to French digital media company Wansquare.QSI completed its acquisition of the Ligue 1 champions in 2011 for €50m, making the club the richest in France and one of the wealthiest in the world.In 2017, PSG’s operating result was a deficit of $21.3m (£16.3m), while they recorded a profit loss of $7.8m (£6m) despite posting a profit of $9.5m (£7.3m) in 2016. Editors’ Picks Man Utd ready to spend big on Sancho and Haaland in January Who is Marcus Thuram? Lilian’s son who is top of the Bundesliga with Borussia Monchengladbach Brazil, beware! Messi and Argentina out for revenge after Copa controversy Best player in MLS? Zlatan wasn’t even the best player in LA! Last year, PSG smashed the global transfer record when they splashed out €222m ($262m/£200m) on Brazilian star Neymar before paying a reported €180m ($217m/£166m) for French teenager Kylian Mbappe.last_img

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