PSG owners Qatar Sports Investment purchase minority share in Portuguese side SC Braga
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PSG’s Qatari owners buy a minority stake in Portuguese Braga – their SECOND investment in a European club – as chairman Nasser Al-Khelaifi promises the club will ‘continue its ambitious path’
- Qatar Sports Investment (QSI) group buys minority stake in SC Braga
- QSI has owned PSG since 2011, helping the club win 29 trophies in that time
- Chairman Nasser Al-Khelaifi wants to help Braga continue on ‘ambitious road’
- Braga President Antonio Salvador believes the investment can help the team
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Qatar Sports Investment (QSI), owner of PSG, has bought a minority stake in Portuguese club Sporting Braga.
Owning the French giants since 2011, QSI has helped the club become one of the European superpowers as they have won 29 trophies in their 11-year ownership of the Ligue 1 club.
Braga will become the second club involved in QSI, although they also want to buy a stake in KAS Eupen in the past year, but there is no deal yet.
QSI chairman Nasser Al-Khelaifi wants the investment to help SC Braga reach its full potential
QSI Chairman Nasser Al-Khelaifi said: “Qatar Sports Investments is proud to invest in leading sports companies and brands around the world, enabling them to reach their full potential.
“Portugal is a country based on football, with some of the most passionate fans and one of the best talent systems in the world.
“SC Braga is an exemplary Portuguese institution – with a proud history, enormous ambition and a reputation for excellence on and off the pitch.
SC Braga is currently third in the Primeira Liga and is participating in the Europa League
“As an investor and partner, we look forward to the Club innovating, growing and evolving – in the men’s and women’s teams, on the commercial and brand side, and in all the communities and businesses it supports – as SC Braga continues its ambitious path. ‘
While Braga President Antonio Salvador welcomed the group and believed their investment will help the club “fulfill its ambitious plans”.
He said: “SC Braga is delighted to welcome Qatar Sports Investments as an investor in our club.
PSG have won 29 trophies since QSI took over, including eight league and six cup titles
“We believe this is the right shareholder to accelerate our growth and expansion and help us realize our tremendous potential as a club.
“The extraordinary experience of Qatar Sports Investments – with its global expertise, acumen and a track record of astonishing results in sports and business – will deliver tremendous value and help us achieve our ambitious plans.”
The club are currently third in the Primeira Liga and are also in the Europa League with their next game against Belgium’s Union Saint-Gilloise on Thursday.