Sports

French Football Club Paris Saint-Germain Secure Investment Boost As Arctos Partners Acquire Minority Stake

Arctos Partners have invested in more than 20 professional sports organizations such as Liverpool, Aston Martin in Formula One, and teams in the NBA, NHL, and Major League Baseball

Paris Saint-Germain players appreciate fans
info_icon

Paris Saint-Germain owner Qatar Sports Investments agreed to sell a minority stake to U.S. private equity platform Arctos Partners on Thursday. (Football News)

Financial terms of the deal were not disclosed. Arctos will own 12.5% of the club, valuing PSG at 4.25 billion euros ($4.6 billion), said a person familiar with the deal who was not authorized to speak publicly.

The French league champion said Arctos' investment will go towards growing PSG operations and supporting plans to develop its stadium and training center. Arctos, as a non-controlling partner, won't have a say in sporting matters.

Since it took over 12 years ago, QSI has increased PSG's net expenditure to more than 1 billion euros ($1.1 billion) but PSG has repeatedly failed to win the Champions League.

Arctos has invested in more than 20 professional sports organizations such as Liverpool, Aston Martin in Formula One, and teams in the NBA, NHL, and Major League Baseball.

Important: We are happy to announce that we have successfully completed the migration of our site @outlookindia.com to enhance your experience as valuable user. But due to the scale of operations some data discrepancies may arise. We apologize for any inconvenience and thank you for your patience and understanding during this period.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement