PSG sells minority stake to US firm Arctos Partners
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Paris Saint-Germain owner Qatar Sports Investments has agreed to sell a minority stake to U.S. private equity platform Arctos Partners.
Paris Saint-Germain owner Qatar Sports Investments has agreed to sell a minority stake to U.S. private equity platform Arctos Partners. Financial terms of the deal were not disclosed. But two people familiar with the deal who were not authorized to speak publicly said Arctos will own 12.5% of the club, valuing PSG at above 4 billion euros ($4.32 billion). The French league champion says Arctos’ investment will go toward growing PSG operations and supporting plans to develop its stadium and training center. Arctos 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 but PSG has repeatedly failed to win the Champions League.
Paris Saint-Germain owner Qatar Sports Investments has agreed to sell a minority stake to U.S. private equity platform Arctos Partners. Financial terms of the deal were not disclosed. But two people familiar with the deal who were not authorized to speak publicly said Arctos will own 12.5% of the club, valuing PSG at above 4 billion euros ($4.32 billion). The French league champion says Arctos’ investment will go toward growing PSG operations and supporting plans to develop its stadium and training center. Arctos 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 but PSG has repeatedly failed to win the Champions League.
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