PSG poised to sell minority stake to American group, Bears Partners

Qatar took control of PSG more than twelve years ago. The capital club has invested crazy sums of money, and this is not about to stop. To continue to develop, Parisian leaders have decided to sell part of the club. This is expected to only be a minority stake, and a buyer has clearly been identified.

In 2011, PSG entered a new era. The capital club was bought by the Qatar, and he then wanted, as his slogan says, to dream bigger. More than twelve years later this is done, because Paris has won numerous titles, and the brand PSG has become one of the biggest references in the world.

PSG will sell part of the club

But the PSG does not intend to stop its growth. Indeed, according to information from The Athletic, Parisian leaders are on the verge of selling part of the club. This would only be a minority stake, and therefore it would not mean that the Qatar wishes to withdraw from the capital club.

Bears Partners is a favorite

Still according to The Athletic, a serious candidate is emerging to buy this minority stake. It would be aboutClose Partners, an American private equity group. The latter has already acquired stakes in several sports teams, notably in basketball and baseball.


2023-11-17 21:33:00
#Qatar #big #decision #PSG

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