Paris Saint-owner, Germain’s Qatar Sports Investments, disclosed the acquisition of interests in a well-known Portuguese team.
In a press release, Qatar Investments announced that it has purchased 21. 67% of the shares of Braga Club, the third-place team in the Portuguese League.
She continued by saying that, subject to certain requirements, the share transfer will be completed in the upcoming months.
“Qatar is happy to invest in major sports organisations and brands around the world,” the statement added. “Portugal is a country established on football, and its supporters are among the most passionate in addition to having the greatest talent networks in the world.
“Braga is an excellent Portuguese institution with a prestigious history, enormous ambition, and a reputation for excellence on and off the field,” stated Nasser Al-Khelaifi, President of Qatar Company.
We are excited to watch the club innovate, expand, and evolve as an investor and partner.
Agency is the source.
The owner of Saint-Germain finances a Portuguese team.
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