US EditionQatari Owner of Paris Saint-Germain to Take over Belgian Club Eupen
Qatar Sports Investments aims to enhance KAS Eupen's youth development and infrastructure as part of its multi-club ownership strategy in European football.
- On Tuesday, Qatar Sports Investments signed a memorandum of understanding with Aspire Zone Foundation to take full control of KAS Eupen and the deal is expected to be announced later on Tuesday.
- Qatar Sports Investments , owner of Paris Saint-Germain , is advancing its multi-club ownership model in recent years, supported by PSG's 837 million euros record revenue.
- The Qataris are expected to take over KAS Eupen's sporting operations immediately, and Eupen said Qatar Sports Investments demonstrated a genuine long-term commitment while financial terms were not announced.
- KAS Eupen plays in Belgium's second tier, the Challenger Pro League, and the takeover highlights Gulf investors' appetite for European clubs as QSI expands alongside Manchester City and Newcastle United owners.
- Until the deal, KAS Eupen was owned by Aspire Zone Foundation, and Nasser Al-Khelaifi said QSI is proud to become the club's custodian as PSG won major trophies this year.
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Already under the Qatari giron via the Aspire Academy, the German-speaking club will now be run by QSI, the majority shareholder of Paris SG and minority of the Portuguese formation of Braga.
The owner of the Paris club since 2011, Qatar sports investments (QSI) has signed a letter of intent to buy this Belgian club, previously owned by the Qatari Aspire Academy.
Sky News UK
khbrknewsPSG's Qatari owner adds to squad with swoop on Belgian side
The Qatari owner of Paris Saint-Germain (PSG) has further underlined the voracious appetite of Gulf investors for European football clubs by agreeing a deal to buy a team in Belgium's Challenger Pro League.
QSI, the financial entity controlling Paris Saint-Germain, is fully acquiring AS Eupen. This agreement represents a stratified expansion
22:00 The investment vehicle Qatar Sports Investments (QSI), which is closely linked to the Gulf state's royal family, has acquired Belgian second-division club Eupen. This will become a satellite c...
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