REVEALED: Qatar ‘could look to sell PSG’ because years of failure in the Champions League and ongoing criticism in France is reflecting badly on the country
- Qatar Sports Investments are considering withdrawing funding from PSG
- French media claim the Arab country are unhappy with lack of success
- PSG failed to get beyond Champions League last 16 for the past three seasons
- Thomas Tuchel’s side retained the title but lost the Coupe de France final
Qatar Sports Investments are considering withdrawing their funding for French giants Paris Saint-Germain following widespread criticism and a lack of success on the pitch, according to reports in France.
PSG stand as one of the superpowers of European football, boasting some of the world’s finest players due to the might of Qatar wealth invested into the football club.
Qatar Sports Investments are considering withdrawing their funding for French giants PSG
Chairman and CEO Nasser Al-Khelaifi has spearheaded the rise of the Paris-based side
Qatar Sports Investments, a subsidiary of the state-owned Qatar Investment Authority (QIA), took control of PSG in 2012 and outlined their ambition to make the club as big as the likes of Barcelona and Real Madrid.
For many seasons PSG have competed with and often defeated their Spanish rivals in the transfer markets, bringing star names to the Parc Des Princes on lucrative contracts.
The finest summer of acquisitions for the club came in 2017, when PSG managed to prise Neymar away from Barca due to the activation of a huge release clause, while also managing to bring in wonderkid Kylian Mbappe on loan from Monaco with an obligation to buy.
Thomas Tuchel’s side retained their title but lost the Coupe de France final to Rennes
In their drive to become the best, PSG made Neymar the most expensive player in history
PSG’S BIG SPENDING
Neymar – (Barcelona to PSG) £198m
Mbappe – (Monaco to PSG) £160m
Cavani – (Napoli to PSG) £58m
Di Maria – (United to PSG) £56.7m
David Luiz – (Chelsea to PSG) £44.5m
Despite expanding their pool of talent, PSG have failed to get beyond the last 16 stage in the Champions League for the past three seasons, and crashed out to Manchester United this season despite leading after the first leg at Old Trafford.
Le Parisien also claim patience has started to wear thin among the QIA board of directors, who feel the lack of progress reflects badly on the state and has brought an increase of criticism as a result.
It is claimed QIA are in the process of considering stepping back from the project in the medium term and could sell the club, while more immediately pulling a significant amount of funding.