22.05.2015 - Qatar's PSG named the best paid team in world sport
Qatar-owned Paris Saint-Germain are the best paid team in world sport according to Sportingintelligence’s new Global Sports Salaries Survey (GSSS) for 2015. The average first-team pay at the French football club has been calculated at £5.3 million ($8.3 million) per year, or £101,898 ($159,797) per week in the period under review. PSG have just completed a hat-trick of league titles in France’s top division, adding the 2014-15 crown to those won in 2013-14 and 2012-13 on the back of a takeover by the oil-funded Qatar Sports Investments (QSI) in 2011. Qatar’s sovereign wealth fund, which draws from the same resources that fund PSG’s owners QSI, has an estimated $304 billion under investment. The sovereign wealth fund of Abu Dhabi, which includes City’s owner Sheikh Mansour on its board of directors, has assets estimated at $773 billion...............................................Full Article: Source
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