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PSG increases its capital by 171 M €

Qatar Sports Investments injected 171 million euros into the capital of Paris Saint-Germain on October 5, which now exceeds € 500 million, according to information from the Parisian. A decision taken to offset the losses linked to Covid-19, estimated at € 125 million in June 2020 and which have since doubled.

This is not the first time that QSI has carried out such a financial transaction. Indeed, the shareholder of PSG had already injected € 316 million in July 2018, which saw Kylian Mbappé and Neymar land in the club in the capital.

Ndungu Jay

Jay is a content creator at nairobitimes.co.ke with more than a year's experience in digital media. Armed with a Degree in Computer Science from Jomo Kenyatta University of agriculture and technology and an article already appeared on a US publication's website, he is exploring his chances of climbing up the Kenyan digital media ladder with a special focus on viral enriching content.
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