We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Wed 19 Sep 2012 08:37 PM

Font Size

- Aa +

Qatari investor said to eye PSG sponsorship deal

Report suggests Qatar bank is interested in $130m annual contract with French club

Qatari investor said to eye PSG sponsorship deal
Big-spending Paris St Germain aim to dominate Ligue 1 this season and showed their intent by signing Sweden captain Zlatan Ibrahimovic from AC Milan (Getty Images).

A Qatari investor is reportedly in talks with French football club Paris Saint-Germain about a 100 million euro ($130m) per year sponsorship deal.

AFP reported that sources in France and Qatar put the total value of the contract with a financial institution could be worth between 350 million and 400 million euros over four years.

It said publicity material released in February said that the Paris club and the Qatar National Bank (QNB) had etablished links.

PSG, which is owned by Qatar Sports Investments (QSI), said in response that it had "no comment to make on any contract", adding: "We will give details about our contracts as and when they're signed."

According to a document sent to AFP, the financial establishment in question wants to become PSG's shirt sponsor from next season. Emirates Airline is the current shirt sponsor.

Qatari investors would also like to have their name on the club's home ground, the Parc des Princes, AFP added.

Earlier this month, club president Nasser al-Khelaifi said PSG may have to wait years to achieve their ambition to win the Champions League.

Qatari investors have spent around $315.12m since buying PSG in April 2011 to sign expensive players like Sweden striker Zlatan Ibrahimovic, Brazil defender Thiago Silva and Argentina forward Ezequiel Lavezzi.

The club, however, could only finish second in Ligue 1 behind Montpellier last season.

Arabian Business: why we're going behind a paywall

For all the latest sports news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.