PSG’s Qatari owners agree deal for minority stake in Braga

KIFI

Published October 10, 2022 1:56 AM

PARIS (AP) — The Qatari owner of Paris Saint-Germain has agreed a deal to take a minority stake in Portuguese club Braga. Qatar Sports Investments says an agreement to buy almost 22% of shares in the 101-year-old club has been declared to Portuguese financial authorities. The deal should be completed within months. QSI is buying into Champions League potential with Braga. It’s a Europa League regular after reaching the final in 2011 and playing in the group stage seven of the past eight seasons. The club is in third place in the Portuguese league. That currently earns a place in the Champions League qualifying rounds.

Article Topic Follows: AP National Sports

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