Already the owner of PSG, Qatar Sports Investments (QSI) wants to continue its expansion in Europe. Nasser Al-Khelaïfi is reportedly on the verge of a historic deal in England.
Indeed, on Friday, the newspaper Team revealed that QSI executives have been in negotiations with Tottenham’s management for months. After PSG and Braga, an investment by Qatar Sports Investments in England would allow Qatar to make a sensational entry into the Premier League, as the Emirate is also in pole position to buy Manchester United through the Nine Two Foundation, chaired by Jassim Bin Hamad Al Thani.
However, the sports daily explains that QSI’s idea is not to acquire all the shares of several clubs, but to become a sports investment fund, like RedBird Capital Partners (AC Milan, Toulouse, baseball), Silver Lake (Manchester City, UFC, rugby), or CVC (L1, Liga, cricket, Formula 1, rugby), which have significant global influence. This expansion plan has been confirmed by a close associate of the Parisian president.
PSG: Nasser Al-Khelaïfi wants several clubs in Europe in his stable.
After acquiring 21.67% of Sporting Braga’s shares in Portugal last October, the Qataris have engaged in discussions to buy Malaga in Spain, and now, they are reportedly interested in England. Nasser Al-Khelaïfi, the top executive of QSI, would see this as a positive development.
“We are considering several clubs in Europe and South America. We are also considering other sports. We want to be an ambitious sports fund,” says a member of the Qatari businessman’s inner circle in Team. As for football, QSI would like to contribute to the development of its future partners and not turn them into subsidiaries or satellite clubs. “If the investments in PSG may have seemed unreasonable at times, particularly due to the heavy and regular losses of the French champions, for its future investments, QSI suggests that it will be more cautious,” reports Team.