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."

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

Event Streaming

Channel Streaming

Other Live Streaming

Event Streaming

Channel Streaming

Sports Talk



Segun Odegbami
The real Afcon fireworks can begin
The boys are now being separated from the men. As a result, I have also lost my bet about who will...

John Dykes
The beginning of the end
Saturday’s Showdown at the Bridge has been described as being either the start of this season’s...

Neil Tovey
Bafana hit speed bump
I kept hearing that Bafana Bafana could win Afcon 2015. From the first whistle, I guarded against...

Emeka Enyadike
Mali, Guinea and the curse of Mongono
“We now need to respect the rules, we don’t have choice. We are going to shake before the draw, as...

Carol Radull
TIAF - This is African Football
I love big competitions because before they start everyone has something to say about how the...

Calvin Emeka Onwuka
The football hasn't been great thus far
It is easy for some of us who are proudly African and who were brought up on Afcon tournaments down...