The Turbulent World with James M. Dorsey

Qatar buys top French soccer club PSG

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James M. Dorsey
Jun 01, 2011
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Qatar, embroiled in a FIFA corruption scandal that could deprive it of hosting the 2022 World Cup, has taken a majority stake in Paris Saint-Germain (PSG), one of France's top soccer clubs.
US-based investment firm Colony Capital, which had a 95.8-per-cent stake in PSG, said it had sold most of its share to the state-owned Qatar Investment Authority.
The …

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