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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar investors buy 70pct stake in French football club

Posted on 21 June 2011

Qatari investors have bought a 70 percent stake in French Ligue 1 football club Paris St Germain, the club said on Tuesday. Colony Capital, the US owners of the club, said in statement on the PSG website that it would retain a 30 percent stake.
The statement did not include the name of the investment firm in Qatar but France’s L’Equipe earlier this month said the club was in talks with Qatar Investment Authority, the Gulf state’s sovereign wealth fund……………………………………….Full Article: Source


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