who owns paris saint germain

Paris Saint-Germain have always been strongly linked with Real Madrid. Indeed, the Spanish side played a big role in the foundation of the Parisian club. Developing football in Paris was a great ambition in 1969, since the French capital did not have an elite football team. Main backers Guy Crescent, Pierre-Étienne Guyot and Henri Patrellewere stuck with a problem related to the finan…

Throughout their history, Paris Saint-Germain have rarely been profitable. Despite recording a profit of 1.5m francs during their inaugural 1970–71 season, this trend quickly reversed and the club’s debt grew over the following years. By the early 1990s, PSG was in severe financial trouble at that time. The club had amassed a huge debt of 50 million francs, which the Paris City Councilrefused …

Paris Saint-Germain played without a shirt sponsor until the 1972–73 campaign, when the club signed a deal with Canadian grocery store chain Montreal. Pledging to achieve Division 1 promotion at the end of the 1973–74 season, PSG president Daniel Hechter, with the help of Bernard Brochand, set out to look for new sponsors. He first signed with Canadian soft-drink brand Canada Dry— th…

Paris Saint-Germain have spent over €1.3bn on players since Qatar Sports Investments arrived ahead of the 2011–12 season. The Parisians are not new to lavish transfers, though. Bankrolled by wealthy club presidents Daniel Hechter and Francis Borelli in the 1970s and 1980s, PSG made Jean-Pierre Doglianithe club’s original transfer record in summer 1973. Hechter, who had recently arriv…

Paris Saint-Germain Football Club , commonly referred to as Paris Saint-Germain, PSG, Paris or Paris SG, is a professional football club based in Paris, France. They compete in Ligue 1, the top division of French football. France’s most successful club, they have won over 40 official honours, including nine league titles and one major European trophy. Their home ground is the Parc des Princes.

In the summer of 1970, an ambitious group of businessmen decided to create a major team in the French capital. Guy Crescent and Pierre-Étienne Guyot chose to merge their newly formed side, Paris Football Club, with Stade Saint-Germain of Henri Patrelle after the team from Saint-Germain-en-Laye, 15km west of Paris, were promoted to Ligue 2. Real Madridplayed a big role in the foundation of Pa…

Since their foundation, Paris Saint-Germain have represented both the city of Paris and the nearby royal town of Saint-Germain-en-Laye. As a result, red, blue and white are the club’s traditional colours. The red and blue are Parisian colours, a nod to revolutionary figures Lafayette and Jean Sylvain Bailly, and the white is a symbol of French royalty and Saint-Germain-en-Laye.

Paris Saint-Germain played their first game at their current home stadium, the 47,929-seater Parc des Princes, against Ligue 2 promotion rivals Red Star on November 10, 1973. It was the curtain-raiser for that season’s opening Ligue 1 match between Paris FC (PFC) and Sochaux. PSG moved into the ground upon its return to Ligue 1 in 1974, ironically the same year that PFC were relegated. Up …