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.
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