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

Football | France

Nasser al-Khelaifi © Action Images

PSG's Qatar deal 'justified'



A controversial advertising deal designed to help Qatari-backed Paris St Germain meet UEFA's financial fair-play criteria is justified by the club's growing influence in the Arabic world, the French club's president Nasser al-Khelaifi said.

The deal, under which the Qatar Tourism Authority (QTA) will pour up to 200 million euros ($262 million) a year into the club until 2016, will be made official in the next few weeks, Khelaifi told the sports daily L'Equipe.

The deal is worth twice the club's revenues for the 2010-11 season and has been questioned with some pundits suggesting it was out of proportion.

PSG will have to comply with the new fair play regulations which require clubs not to spend more than they earn. They are expected to submit the contract to the European governing body Uefa in the coming months.

"The contract with QTA is justified because PSG's influence in the whole region, not only in Qatar, has been important," Al Khelaifi said in his first public comments on the issue.

"We have been building an international brand. This deal is a strong symbol. Qatar have benefited a lot from their investments in PSG."

PSG have spent more than 250 million euros in transfers since the Qatari fund QSI bought the club in June 2011, far more that they can afford to if they only spend what they earn.

The advertising contract will help them continue their expansion and will be retroactive, meaning it will finance their off-season high-profile signings, such as Zlatan Ibrahimovic, Thiago Silva or new recruit Lucas Moura.

"We will keep on investing," Khelaifi said.

"It's necessary to become one of the great European clubs. Other clubs have invested for 20 years. We have been there for a year and a half and now we must stop pouring money? It would be unfair."



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

Event Streaming

Channel Streaming

Other Live Streaming

Event Streaming

Channel Streaming

Sports Talk



John Dykes
Londoners to capitalise on pre-season
On Sunday, Wembley Stadium will once again host a game of football that isn’t all we think it is.

Segun Odegbami
Predicting the EPL winners
We are moments away from the start of the European football season. So, let’s look at the teams...

Calvin Emeka Onwuka
Premier League preview - part 1
Maybe it is a sign of my age, or an indication of how the last two seasons have been for the club I...

Dr Errol Sweeney
Ref's job becoming more difficult
What you are about to read may sound like I’m stating the obvious, but it’s true.

Carol Radull
Is this Gor Mahia's year?
Gor Mahia is having a bit of a dream season. A total of 18 games into the season, they are unbeaten.

Sunday Oliseh
Super Eagles job: an uphill task worth taking
It is definitely the most delicate football job on the African continent and the most demanding.