Monday, November 4, 2024

Qatar Sports Investment Fund is considering purchasing Santos Football Club

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Qatar Sports Investments Company wants to expand its portfolio. The Qatari fund that owns Paris Saint-Germain (PSG) is studying the possibility of investing in Santos FC, According to the Brazilian newspaper balloon.

The father of the PSG footballer, Neymar, is actively involved in the negotiations. At the moment, the Brazilian club is considering granting the Qatari fund the right to enter into its stake Without becoming SAF (Sociedad Anónima Deportiva, in Portuguese for short).

Santos is not the only club that QSI has focused on. The fund recently announced this Negotiations are underway to acquire Málaga CFwho plays in LaLiga Smartbank.

If the purchases you are considering become official QSI will have up to four professional teams under its umbrellaIn addition to Paris Saint-Germain, which owns 100% of it, and Sporting Club de Braga, which owns 22% of its shares.

Apart from football, QSI has been in the news lately Acquisition of World Padel Tour (WPT) Upon reaching an agreement with the current owner of the department Grupo Damm. In this way, the WPT and Premier Padel will merge, creating a new unique circuit starting next season.

Football in Rio de Janeiro is going through a period of changes in the percentage of club ownership. he Swimming pool One of the investors who acquired Brazilian clubs recently greatlyThe City Football Group (CFG) acquired Bahia at the end of the year, while American John Textor, the new owner of Olympique Lyonnais and the first shareholder of Crystal Palace, acquired Botafogo de Futebol y Regatas.

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This is not the only operation in which Qatar is involved. At the beginning of May, the head of the Qatari bank, the son of the former prime minister of the Middle East country, Sheikh Jassim bin Hamad Al Thani made a final offer of 5,650 million euros to acquire Manchester United..

Should any change of hands become official, it would join a series of unprecedented sales for football clubs. A few months ago, Chelsea, a club in the English Premier League, and Milan, a team competing in the Italian league, reached records in the football sector. The English team was sold to Todd Boehly for 4.971 million euros, and the Italian team was sold to RedBird for 1.2 billion euros.

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