May 26, 2011

Paris Saint Germain Will be off This Weekend

According to Le Parisien, Aujourd'hui, 70 percent ownership stake Paris Saint-Germain will be released to the company's Middle East, Qatar Investment Authority (QIA) this weekend.

PSG Management which is controlled by majority shareholder, Colony Capital, has been in talks "encouraging" with the QIA. Certainty takeover stocks that the capital club are believed to occur in the near future.

QIA acquisition value reaches the range of 30 million to 40 million. This amount is considered sufficient to cover the amount owed PSG reaching 19 million this season.

Internal management of the club itself is still being cautious because there is no certainty the takeover of the club. Especially this weekend to face PSG Champions League match tickets determination to face Saint-Etienne.


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