The Qatar Sports Investments group, owner of Paris Saint-Germain, signed a share purchase agreement with Olivedesportos, SGPS SA for the acquisition of 21.67% of the share capital of Sporting Clube de Braga.
In a joint statement, Qatar Sports Investments (QSI), a group with investments in several leading sports brands and businesses around the world, and Sporting de Braga explain that the signing of the purchase agreement for Actions. Securities (CMVM) and to the market.
The conclusion of the purchase of SC Braga shares by QSI “will take place in the coming months, subject to certain conditions,” the note adds.
The SC Braga men’s soccer team has competed in the Primeira Liga since 1975 and is currently ranked third.
Qatar Sports Investments is one of the world’s leading sports groups. In addition to owning Paris Saint-Germain FC, he is also known for creating Premier Padel, the world’s leading professional padel circuit, and for his investments in other sports assets.
During QSI’s period of ownership of Paris Saint-Germain, the Parisian club has grown from a local French football club valued at €70 million to a multi-million dollar global multi-sports club”with the best professional teams in the men’s, women’s and youth categories of football, handball, judo and e-sports”, while presenting itself as “a leading lifestyle brand and one of the most recognized companies and followed digitally in sports and entertainment around the world,” the statement said.
According to Nasser Al-Khelaïfi, Chairman of QSI, quoted in the statement, “Qatar Sports Investments is proud to invest in the world’s leading sports companies and brands, enabling them to reach their full potential.”
“Portugal is a country steeped in football, with some of the most passionate fans and one of the best line-ups of talent in the world. SC Braga is an exemplary Portuguese institution, with a proud history, enormous ambition and a reputation for excellence, on and off the pitch”, says the current president of Paris Saint-Germain.
As an investor and partner, he adds, “we hope that the club will innovate, grow and develop further, in the men’s and women’s teams, as well as in all the communities where it operates and the businesses it supports, as SC Braga continues to walk a path ambitious.”
Also quoted in the statement, António Salvador, president of Sporting Clube de Braga – Futebol, SAD, says that “it is with great satisfaction that SC Braga welcomes Qatar Sports Investments as an investor” in the club, considering it to be the right partner. for the club to accelerate its growth and expansion and help develop our potential at SC Braga.
“The extraordinary ability of Qatar Sports Investments – with its global experience, boldness and track record of amazing results across multiple sports and businesses – brings tremendous value and will help us achieve our ambitious plans.”
Source: Observadora
