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Qatari owner of Paris Saint-Germain targets valuation of over €4 billion

The Qatari owner of Paris Saint-Germain is targeting a valuation of over €4 billion in negotiations with potential investors. It sets a new benchmark for football clubs and raises expectations for other clubs currently on the market.

The French champion has been in talks with multiple investors since the summer about selling up to 15% stake, including at least two US-based funds. PSG president Nasser Al-Khelaifi told the Financial Times that negotiations were continuing on the basis of a valuation of “more than €4 billion”.

If the club exceeds €4 billion (£3.44 billion), it will exceed the £2.5 billion paid by the club. US led consortium Earlier this year, he played for Chelsea FC in the English Premier League.

Price expectations for other big clubs will also increase, with Liverpool FC, Manchester United and Inter Milan currently looking for new investors or a potential outright sale.

Valuations of sports teams have skyrocketed over the past year, largely thanks to rising prices for live broadcast rights.billions of dollars poured european soccerIndian cricket and various US sports, many of which are from large institutional investors.

Al-Khelaifi said the current negotiations over PSG are not a sign that Qatar is losing its appetite for football now that the World Cup has finally arrived, but that it is seeking outside experts to expand its business through strategic investments. argued that it was an opportunity to bring

“PSG is an investment in sport. We are proud of our club and our fans,” said Al-Khelaifi. “We have a long-term project here.”

The club is also “seriously considering various options” for building a new stadium in Paris if it cannot agree to a deal to buy its current home from the government. We have to own the stadium,” said Al-Khelaifi.

If the share sale is completed, it would be a significant return for PSG’s Qatari owners, who bought the club for around €70 million in 2011. Since then, according to Transfermarkt, they have spent around €1.6 billion on players, spending huge sums on player wages, and have acquired stars such as David Beckham and his Zlatan Ibrahimovic.

In 2017, PSG surprised the football world with the acquisition of Brazilian forward Neymar from Barcelona for €222m. The club added Lionel Messi, considered by many to be the greatest player of all time, on a free transfer last summer, joining the game’s burgeoning superstar Kylian Mbappe.

Under Qatari ownership, PSG have won the French League eight times and reached the Champions League final once.

According to Deloitte, PSG are the sixth-highest-earning football club in Europe, level with the top clubs in the Premier League. The French team won €556m last year compared to €558m at Manchester United and €550m at Liverpool.Chelsea with his €493m place him second only to all three

Most of PSG’s revenue comes from commercial income such as sponsorship deals with Nike and Qatar Airways. French football broadcast revenue is a fraction of the money earned by Premier League clubs. According to Enders Analysis, Ligue 1 is projected to generate €704m from TV rights this year, while the Premier League will bring him €3.9bn and Spain’s La Liga his €1.9bn. is.

PSG’s high valuation will be a big boost for those looking to attract investors to Liverpool and Manchester United. Fenway Sports Group, which has owned Liverpool since 2010, recently said It was open to new investments that could lead to a possible sale of the club. explore Strategic investment options for clubs.

https://www.ft.com/content/5fc68e1a-769f-4b55-b6f7-ffceb31f23e9 Qatari owner of Paris Saint-Germain targets valuation of over €4 billion

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