573

05 November 2024

PSG essential economic player in Paris

5th November 2024 – PARIS – The Centre for Sports Law and Economics (CDES) and Paris Saint-Germain (PSG) have presented the results of the study “Economic Impact and Social Utility of Paris Saint-Germain in the Greater Paris region for the 2023/2024 Season”.

Labelled as “a club at the service of its territory”, the study demonstrates that PSG has become an essential player in the Greater Paris region, having contributed €3 billion to the public finances of France since Qatar Sports Investments (QSI) took over the Club in 2011.

Having bought the Club for €69 million, QSI has overseen a valuation increase of PSG to €4.25 billion.

The report also finds that the Greater Paris region continues to benefit directly from PSG’s European growth. From the 2023-24 season alone:

• PSG contributed €371 million in social and fiscal contributions – which is 7.4% of the Paris region’s total budget.

• PSG also generated €243 million in positive economic impact – one of the leading economic catalysts in the Paris region.

• PSG also supports 2379 jobs (746 direct, 1633 indirect).

• The PSG Foundation carried out 450 projects last year, benefiting nearly 15,000 young people.

With revenues of €805 million in 2023-2024, PSG ranks as the 3rd highest revenue-generating club in Europe, with an annual growth average of 17.9% since the QSI takeover.

Since acquiring the Club in 2011, PSG has won over 30 men’s football trophies and last year won a record 12th French Ligue 1 title. In total, the Club has won 50 trophies since its formation in 1970. Today, PSG is a forward-thinking, innovative, diverse and enormously ambitious Club, with football at its heart, which has also added an e-sports team to its men’s, women’s and youth football teams, alongside its leading handball and judo teams.

Latest News

QSI HIGHLIGHTS INNOVATION AT WEB SUMMIT QATAR 2025

QATAR SPORTS INVESTMENTS HIGHLIGHTS LATEST INNOVATIONS AND TECHNOLOGIES AT WEB SUMMIT QATAR 2025

28 February 2025

Paris Saint-Germain aims for greatness

Ahead of the 2024-25 football season, #The Los Angeles Times has released a feature on the n...

20 August 2024

QSI celebrates PSG athletes at Olympic Games

Qatar Sports Investments congratulates Paris Saint-Germain athletes for their performances at the Paris 2024 Olympic Gam...

13 August 2024