Forgot Password

 

Register

 

Create your Connect ID

This will allow you to login to all DStv websites & applications




or
Login using
x

Email Reset

 




Loading...
Loading Live Scoring...
*All times CAT (GMT+2)

Football | France

Qatar to give PSG up to €200m a year



Qatar will pour up to €200 million a year into Paris Saint-Germain under an advertising contract designed to help the French club meet Uefa's financial fair-play rules, according to French media.

The deal, already submitted to French football's controlling body (DNCG), has been struck with the Qatar Tourism Authority (QTA) and will run until 2016, daily Le Parisien said on Thursday.

PSG have spent more than €250 million in transfers since the Qatari fund QSI bought the club in June 2011 and must comply with new financial fair play regulations, which require clubs not to spend more than they earn.

PSG are playing in the Champions League for the first time since 2004 and broadcasting rights for the French top flight are the lowest in the top European leagues, so the club were looking for a new revenue source.

According to Le Parisien, QTA will pay between €150 and 200 million a year to PSG for the club's help in promoting the country abroad. QTA is linked to the Qatari state, as are the club's owners QSI.

The deal is retroactive, meaning QTA will put the money in the club for 2012 to help PSG bear the cost of their latest signings, including striker Zlatan Ibrahimovic who is reportedly earning a net €14 million a year.

PSG were not available for comment.

Shop

Gerrard: My Autobiography
Steven Gerrard is a hero to millions, not only as the inspirational captain of Liverpool FC, but as a key member of the England team.
R152.00
Rafa: My Story
Revelatory memoir from the greatest sportsman in the world today.
R182.00
FIFA 14
Xbox 360
R549.00
Mitre Ultimatch Soccer Ball - White
A high quality football, offering high performance at both training and during football matches.
R252.00


Comments

More expert analysis and opinion from Sport24
The opinions expressed by Sport24 experts and bloggers are theirs alone, and do not necessarily represent those of SuperSport

Live Video Streaming

UEFA Champions League - Play-Off 2nd Leg: Bayer Leverkusen v København
Thu, 28 Aug @ 05:00
Fri, 29 Aug @ 01:00

Sports Talk



Sunday Oliseh
Man U need more than an 'Angel'
Just two games into the English Premier League and Manchester United are five points (synonymous to...

Arjun Vidyarthi
Good signs for the Reds despite loss
A brace from Stevan Jovetic and a Sergio Aguero stunner ensured that Manchester City took all three...

Calvin Emeka Onwuka
Confidence vital for Man United
A lot has been said about what Louis van Gaal has to do to get Manchester United back to the level...

John Dykes
Why always drama?
We’ve already got Crystal Palace in apparent full-scale crisis while Paul Scholes is warning...

Neil Tovey
Bossing the big time
“In the struggle for survival, the fittest win out at the expense of their rivals" - Charles Darwin

Segun Odegbami
The Falcons - fulfilling Pele’s prophecy?
Did you watch the finals of the Fifa Under-20 Women’s World Cup last Sunday night?