Paris Saint-Germain’s Arab owners could withdraw funding as Champions League failure reflects badly on country
Paris Saint-Germain’s lack of success in the Champions League could have serious implications with financial backers Qatar Sports Investments considering withdrawing their funding for the French giants.The Ligue 1 champions have risen to become one of football’s superpowers in recent years, thanks in part to their huge wealth and array of superstar talent including Kylian Mbappe and Neymar, who they made the world’s most expensive player when they spent 200m on him in 2017.Sheikh Tamim bin Hamad Al Thani has reportedly lost interest in PSGgetty2
Sheikh Tamim bin Hamad Al Thani has reportedly lost interest in PSG
Sheikh Tamim bin Hamad Al Thani has helped make PSG what they are today, but according to French outlet Le Parisien, Arab funding could be withdrawn from the club and failure to progress in Europe is seen as a major factor, something he considers detrimental to his image.Qatar Sports Investments, a subsidiary of the state-owned Qatar Investment Authority (QIA), took control of PSG in 2011, purchasing Zlatan Ibrahimovic, while vowing to make the club as big as Barcelona and Real Madrid and investing close to 1billion. However, in the last three seasons, PSG have failed to get beyond the last 16 stage in the Champions League, crashing out to Manchester United this season despite leading 2-0 in the first-leg at Old Trafford.In 2017, they famously surrendered a four-goal advantage, losing the second leg 6-1 to Barcelona, making them the first side to ever overturn such a deficit.PSG lost the French cup final and have failed to progress in the Champions League2
PSG lost the French cup final and have failed to progress in the Champions League
They (QIA) feel the lack of progress reflects badly on the state and has brought an increase in criticism as a result, while financial concerns are also part of their doubts.Despite PSG retaining the league title, they were beaten in the final of the Coupe de France by Rennes on penalties, who came back from two goals down.Now it is said the owners could turn their attention to Roma.
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