Qatari Owners of PSG Expand Soccer Portfolio with Acquisition of KAS Eupen

Qatari Owners of PSG Expand Soccer Portfolio with Acquisition of KAS Eupen

Qatari owners of Paris Saint-Germain have expanded their soccer portfolio by acquiring KAS Eupen, a Belgian league club. Eupen currently competes in the second tier of Belgian soccer. QSI, the owners of PSG, have signed a memorandum of understanding with Eupen's current owner, Aspire Zone Foundation, for the full takeover of the club. The financial details of the deal have not been disclosed.

The acquisition of KAS Eupen by QSI signifies a commitment to the long-term development of the club. PSG, under QSI's ownership, has achieved significant success, winning 11 Ligue 1 titles and generating record revenue of 837 million euros ($976 million) last season. The men's team also secured the domestic double and claimed their first Champions League title by defeating Inter Milan 5-0 in the final this year.

The partnership between QSI and KAS Eupen marks a new chapter for the Belgian club as they look to benefit from the expertise and resources of their Qatari owners. With a strong track record of success at PSG, QSI's involvement is expected to bring positive changes and opportunities for Eupen. The future looks promising for the club as they embark on this new journey with QSI at the helm.