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.
R161.00
Rafa: My Story
Revelatory memoir from the greatest sportsman in the world today.
R182.00
Mitre Monde Soccer Ball - White
Voted as one of the UK's favourite match balls
R219.00


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

Latest Video Highlights

Sports Talk



Calvin Emeka Onwuka
United did well against Chelsea
To a lot of people the celebrations that greeted Robin van Persie’s equaliser “represented how low...

Sunday Oliseh
El Clasico gave a glimpse of the future
Real Madrid were deserving winners of the El Clasico at the weekend. A closer look seems to reveal...

John Dykes
United’s Felli-good factor
He was on their books for 10 years as a player, won everything with them and even coached them last...

Emeka Enyadike
Conversations with Senzo
I woke up this morning to the rude shock of the senseless shooting of Senzo Meyiwa and I still...

Carol Radull
Let the chickens hatch K'ogalo
Last year was an exception but I think “it is written” that the Tusker Premier League must go down...

Arjun Vidyarthi
Listen to the fans Rodgers
While in the UK I decided to do what every Liverpool fan would try and do - catch a game.