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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar ‘not interested’ in buying SPL club Hearts

Posted on 23 January 2012

Scottish First Minister Alex Salmond tried to persuade the royal family of Qatar to buy SPL football club Hearts. The First Minister’s bid to find new owners for the cash-strapped Edinburgh club failed after Qatar’s rulers said they had “no interest in investing in Scottish football”.
Qatar Investment Authority last May bought 70 percent of the French club Paris St Germain in a deal reportedly worth up to $57m. The Qatar sovereign wealth fund also owns a string of trophy assets including the luxury department store Harrods in London………………………………………..Full Article: Source


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