PARIS SAINT-GERMAIN owners Qatar Sports Investment have added Braga to their football portfolio.
According to Italian journalist Fabrizio Romano, QSI have bought almost 22 per cent of shares of the Portuguese outfit.
Romano tweeted: “Not just Paris Saint-Germain. Qatar Sports Investment has now acquired a minority stake in Portuguese club Braga.
“Qatar Sports Investment will have 21.67% of the club.”
Braga bigwigs are thrilled with the new deal as it “safeguards total decision-making autonomy” of the current administration.
The club’s president Antonio Salvador is hopeful that this new partnership can help the Primeira Liga team evolve and added that it is a “great day” for the club, the fans and the city.
Read More on Football
Salvador said: “We believe that this is the ideal partnership to accelerate our growth and expansion, helping us to achieve fantastic potential as a club.
“It is a great day for our club, for our fans and for our city, as we look forward to the many future successes of SC Braga.”
QSI chairman and PSG president Nasser Al-Khelaifi is determined to help Braga grow.
Al-Khelaifi is “proud” to invest in “an exemplary Portuguese institution, with a proud history and a huge ambition and reputation in pursuit of excellence on and off the field.”
Most read in Football
FREE BETS AND SIGN UP DEALS – BEST NEW CUSTOMER OFFERS
He added: “As new investors and partners, we expect to see innovation, growth and further development at the club – both in the men’s and women’s teams.
“But also in the commercial and brand scope, communities and businesses that the club supports – while SC Braga continues its ambitious path.”
Source: Soccer - thesun.co.uk
