PSG owners eye Malaga purchase in €100m deal

Malaga CF receive good news of €100m QSI takeover

Malaga CF

PSG owners Qatar Sports Investment(QSI) are ready to add Malaga to the list of business acquisitions in a €100m takeover.

QSI already holds an 87.5% stake in PSG and 21.67% ownership of Braga and is looking to add a Spanish club to the list of football clubs already owned by the Qatari billionaires.

Sky News and L’Équipe reports confirm that negotiations between the Qatari group and Malaga are in advanced stages for a complete takeover.

Read more: Liverpool discover Juventus star Andreas Cambiaso as Trent Alexander-Arnold replacement

Malaga’s financial crisis over the years has been telling, and it is currently under receivership. The club is co-owned by the Spanish hotel and real estate group BlueBay (49%) and Qatar businessman Abdullah Al-Thani.

A takeover by QSI comes with many benefits, including an opportunity to stabilise the club’s dire finances.

Malaga CF (Image credit: Malaga CF)

Strategically place the city of Malaga in pole position to take maximum advantage of its nomination to host matches during the 2030 FIFA World Cup, which includes plans to renovate and modernise the club’s stadium.

In addition to that, as the sixth-largest city in Spain, Malaga presents the perfect market expansion opportunity for the investment company, both on the commercial side and competitively on the pitch.

Read more: Chelsea legend John Terry agreed to manage Saudi League side Al-Shabab

Furthermore, it also adds another European team to QSI’s growing sports empire.

Malaga may not be the only football venture QSI will be looking at; however, a confirmation from spokesperson Nasser Al-Khelaïfi, who doubles as the owner of PSG, indicates that the group is exploring multiple investment opportunities in both Europe and America.

Reports suggest that QSI is also considering a project in Belgium, further expanding its portfolio in European football.

Amid all the excitement, if Malaga, under QSI’s ownership, were to gain promotion to La Liga and eventually qualify for European competitions, there could be regulatory challenges ahead – UEFA’s rules prohibit clubs with the same majority owner from competing in the same tournament.

PSG remains a key part of QSI’s long-term plans despite recent changes in its ownership structure.

Read more: FC Chitwan complete signing of Ghanaian forward Torric Jebrin

The French club recently sold a 12.5% stake to American investment fund Arctos, and discussions are ongoing with other potential investors.

This means that both PSG and Malaga would need to ensure compliance if they were to participate in the Champions League or Europa League simultaneously.

However, should the takeover go through, Malaga could be set for a major historical transformation, with a notable financial injection and an ambitious vision aimed at restoring the club’s former glory.

Ishmael Amonoo

Ishmael Amonoo

Topics:

Subscribe to Our Newsletter

Keep in touch with our news & offers

What to read next...

Leave a Reply

Your email address will not be published. Required fields are marked *