Share

PSG for sale: Qatar sells 15% of Paris Saint-Germain and aims for a maxi-valuation of 4 billion

In the days when the World Cup is taking off, Qatar is evaluating the sale of a stake in PSG with other investors, including at least two funds of US origin. Here are the details

PSG for sale: Qatar sells 15% of Paris Saint-Germain and aims for a maxi-valuation of 4 billion

even the PSG is for sale? Il Qatar puts on the market 15% of the Paris Saint-Germain and aims to tick off an unprecedented £3,5bn (€4bn) valuation to seek new investment in the club. Since the summer, the French champions have been in talks with various investors for the sale of one minority share (up to 15%), including at least two US funds. And just in the days when the World Cup is taking off, Nasser Al-Khelaifi, PSG president, told al Financial Times that negotiations are continuing on the basis of an assessment of "over 4 billion euros", even if the completion of an agreement could "take months". The sale of a small share of PSG at these figures will have the effect of raising the bar also in the negotiations for the sale of two other big names in the English Premier League: Manchester United and Liverpool.

“We have no intention of selling the club, but why not a small percentage? We are evaluating several offers,” said Nasser Al-Khelaïfi who estimates a value of 4 billion euros for PSG, while Forbes around 3 billion. L'Equipe believes that the "salable" portion could be between 10% (300 million euros) and 15% (450 million euros). A fee in excess of €4bn (£3,44bn) for the club would exceed the £2,5bn paid this year by a US-led consortium for the Chelsea FCEnglish Premier League team.

Altra news is dictated by new stadium. For executives the Parc des Princes it is becoming obsolete and they are looking for new liquidity for a complex that can accommodate more spectators. It has also been thought to expand the current stadium, but the stakes are set by the Municipality, which has a binding lease of over 30 years.

PSG for sale: towards record revenues but also red of 370 million

According to Deloitte, the Parisian club has the sixth turnover highest among European clubs, despite playing in a 'minor' league, putting them on par with the best clubs in the Premier League. The Parisian club has recorded revenues record with 700 million euros, while in the current year they should exceed the threshold of 800 million euros. The major sponsorships, thanks also to the arrival of Messi, and which remain the main item of revenues, are those with Nike e Qatar Airways. The latter has generated quite a few controversies regarding PSG's substantial compliance with the financial fair play.

But PSG is preparing to formalize another record: the closure of the budget 2022 with a loss of 370 million euros. As reported by the Equipe, the figure is explained by the fact that the Parisian club has already entered the entire new contract signed with Kylian Mbappé. A deficit that will be made official once the budget has been filed with the Commission of economic and financial control of the clubs in France.

PSG for sale? The maxi-capital gain of Qatar

The valuation of 4 billion would be the highest ever awarded to a football club. If the deal goes through, Qatar could budget one maxi-capital gain. Qatar Sport Investment bought the club for 70 million, although in the last decade, Paris Saint-Germain has spent over 1,6 billion on the purchase of players, paying huge sums for salaries. In 2017 he established the expense record for one card: about 222 million euros for Neymar from Barcelona. The Brazilian makes up the signings squad with Messi e Mbappé.

European transfer market increasingly crowded

The mapping of transfer market of the European clubs is changing at a rapid pace. Beyond 10 company I am in sale or to search for investors minority. Among the elite clubs there are in addition to Manchester United and Liverpool also Tottenham and Inter Milan.

What are the best football clubs in Europe? The latest Report of The European Elite 2022

According l 'last report di The European Elite 2022, signed by Football Benchmark, in first place for value (enterprise value) is the Real Madrid (3,184 billion euros), while the Manchester United is in second place (2,883 billion euros) and the Liverpool to the fifth (2,556 billion euros). In seventh place is the Chelsea (2,179 billion euros) and eighth the PSG with 2,132 billion euros.

The Italian clubs instead start from 10th place, with the Juventus which stands at 1,597 billion euros. This is the club that is clearly worth more in Serie A, considering that the first to follow is Inter at an altitude of 996 million euros.

This year, the aggregate value of the top 32 European clubs touches i 37 billion euros, up 10% compared to 33,6 billion last season, but still far from 39,7 billion in 2020, before Covid also hit the world of football.

Slightly growing i revenues aggregates of the companies analysed, which fly to 9,886 billion euros, also in this case, the figure is far from the 11,11 billion euros of 2020. Finally, a nice collapse also for the aggregate net result, negative for 2,682 billion (against 212 million pre-Covid).

comments