Paris Saint-Germain has been on the headlines for over a year now. Know all there is to about the owner of PSG, his name and net worth
The main reason was due to the continuous signings of one of the best football players of the generation, and the investments done in PSG.
At present, Paris Saint-Germain leads the Ligue 1 with 8 wins and 1 loss and is the group stage topper with 1 win and 1 draw at the UEFA Champions League 2021-22. With the recent signings of Lionel Messia, Sergio Ramos, Georginio Wijnaldum, and Gianluigi Donnarumma, PSG has made their squad stronger than ever.
Let’s get to know about Paris Saint-Germain, the club owner, net worth, and more.
History Of Paris Saint-Germain In The Ligue 1
1970: Paris Saint-Germain Football Club was established in August 1970 after the consolidation of Paris Football Club and Stade Saint-Germain. PSG instantly got promoted to Division 1 and won the Division 2 title in the first season as well.
1972: Unfortunately, the club split in 1972. Paris FC stayed in Division 1, while PSG was moved to Division 3.
1974: PSG immediately got back to Division 1 in 1974 and moved into the Parc des Princes.
1982-23: Led by players like Safet Sušić, Dominique Rocheteau, and Luis Fernandez, the Parisians guaranteed two successive French Cup titles in 1982 and 1983 and then in 1986.
1991: TV goliaths Canal+ took over PSG 1991. Inspired by David Ginola, George Weah, and Raí, the club won nine titles.
1994: Paris won its second league title in 1994 and the UEFA Cup Winners’ Cup in 1996.
2006: Canal+ sold the club to Colony Capital in 2006 leading to a massive decline in performance.
2011: The fortunes of Paris Saint-Germain changed drastically when Qatar Sports Investments (QSI) bought the club in 2011.
From that point forward, Paris has spent vigorously on the signings of top-notch players like Zlatan Ibrahimović, Thiago Silva, Edinson Cavani, Ángel Di María, Neymar, Kylian Mbappé, and now Lionel Messi, Sergio Ramos, and others.
Thus, PSG has overwhelmed French football, winning 27 prizes: 7 league titles, 6 French Cups, 6 French League Cups, and 8 French Super Cups. PSG also reached the UEFA Champions League 2020-21 finals for the first time but lost to the mighty Bayern Munich.
Ownership Of Paris Saint-Germain: PSG Owner Name And Net Worth
During its initial three years, Paris Saint-Germain was fan-possessed and had 20,000 socios. The club was controlled by board individuals Guy Crescent, Pierre-Étienne Guyot, and Henri Patrelle. A bunch of prosperous French businessmen, driven by Daniel Hechter and Francis Borelli, then purchased PSG in 1973. in 1991, TV giants Canal+ bought PSG, and then in 2006 Canal+ sold the club to Colony Capital.
The Emir of Qatar Tamim bin Hamad Al Thani has been PSG’s proprietor since 2011 through state-run shareholding association Qatar Sports Investments (QSI).
Qatar Investment Authority (QIA) is an auxiliary of Qatar’s sovereign wealth fund. QSI turned into the club’s greater part investors in June 2011 and the sole investors in March 2012, thus making PSG a state-claimed club. QSI administrator Nasser Al-Khelaifi has been PSG president since the takeover. Al Thani, in any case, has the last word on each significant choice of the club. He is both the director of the QIA and the originator of QSI.
Upon its appearance, QSI vowed to shape a group equipped for winning the UEFA Champions League and making the club’s greatest name. PSG has spent over €1.3bn on player moves since the late spring of 2011. These enormous finances have converted into PSG’s mastery of French and European football.
In the 2019–20 season, PSG was the seventh-most elevated income in the football with a yearly turnover of €541m as indicated by Deloitte and was the world’s 10th most influential football club, worth $2.5bn as per Forbes. PSG’s solid monetary position has been supported by the club’s Qatari proprietors.
The group’s on-pitch achievement, high-profile signings, and crucial sponsorships like the Qatar Tourism Authority, Nike, Accor, and Air Jordan. But since 2011, PSG has not been able to generate much profit. Before the Qatar buyout, the club’s combined losses added up to €300m.
Net Worth Of The Owner
As of 2021, the Qatar Investment Authority (QIA) has a net worth of $300 billion of assets.
Meanwhile, the owner Nasser Al-Khelaifi has an estimated net worth of $8 billion, making him one of the wealthiest football club owners of all time.