country owner of Paris Saint-Germain agreed on Monday’s deal to take a minority stake in and portuguese club Braga.
Qatar Sports Investments Company said the agreement to buy nearly 22% of shares in The 101year-old club The Portuguese were declared financial Powers and the deal should Completed within months.
QSI buys Champions League potential with Braga, one of the European leagues regular After I reached final in 2011 and play in The group Seventh stage of The past eight seasons.
The club he is in Third place in and portuguese league – behind traditional Powers Benfica and Porto – which currently earn a place in Champions League qualifying rounds.
However, take the Champions League reforms effect in 2024 give Third direct entry to group The theater for the local league Ranked No. 5 by UEFA, Portugal is the competition for that aperture with France and the Netherlands.
Although UEFA rules Bar clubs in joint ownership playing in The same competitionlikely to be a minority stake in QSI avoid Intervene if Paris Saint-Germain drawn to me play Braga.
“We believe this is the right contributor to accelerating our business growth and expansion,” said Braga President Antonio Salvador.
Nasser Al-Khelaifi, President of QSI. who he is also The president of Paris Saint-Germain described Braga as “a model Portuguese institution.” with proud historytremendous ambition and reputation for excellence on And the off dirty.”
