PSG’s mega-rich Qatari owners ‘table a takeover bid for Espanyol’ after LaLiga side were put up for sale by Chinese shareholders… amid reports they are trying to follow City Football Group’s model by purchasing a ‘satellite club’
- Espanyol have been put up for sale by Chinese businessman Chen Yansheng
- He is said to have had two offers, including one from Qatar Sports Investments
- The organisation, fronted by Nasser Al-Khelaifi, have owned PSG since 2011
- Under their ownership, the French club have won eight of the last 10 Ligue 1 titles
Paris Saint-Germain’s Qatari owners have reportedly launched a bid to buy LaLiga club Espanyol.
The Spanish side have been put up for sale by Chinese businessman Chen Yansheng, the chairman of Rastar Group who have owned Espanyol since 2016.
According to Radio Marca, Chen has so far received two offers – one from a North America-based group and another from Qatar Sports Investments.
Paris Saint-Germain’s Qatari owners have reportedly made a bid to buy LaLiga club Espanyol
Qatar Sports Investments have owned PSG since 2011 and are chaired by Nasser Al-Khelaifi
The organisation, fronted by chairman Nasser Al-Khelaifi, have owned PSG since 2011 and transformed them into a European football powerhouse.
The French side have won eight of the last 10 Ligue 1 titles and reached the final of the Champions League in 2020.
However, their ownership model has received criticism as they are seen as a state-funded club and have established a near-monopoly in French football due to their excessive financial backing.
PSG are so far the only club in Qatar Sports Investments’ portfolio, but they have previously been linked with buying Roma in Serie A and are said to also be currently considering a takeover of Portuguese side Braga.
If they were to buy Espanyol, under UEFA regulations it would prevent the Spanish side – who played in the Europa League two years ago – from competing in European competition.
PSG have won eight of the last 10 Ligue 1 titles since they were bought by their Qatari owners
Manchester City’s owners Abu Dhabi United Group have a portfolio of ‘satellite clubs’
It could be the start of a network similar to that of all the ‘satellite clubs’ in the portfolio of Manchester City’s owners Abu Dhabi United Group.
As well as the Premier League champions, City Football Group currently have stakes in Troyes (France), Palermo (Italy), Girona (Spain), Melbourne City (Australia), Lommel (Belgium), New York City (USA), Montevideo City Torque (Uruguay), Mumbai City (India), Yokohama F. Marinos (Japan) and Sichuan Jiuniu (China).
Manchester City sent a total of 12 players out on loan to these clubs last season, including Patrick Roberts to Troyes and Daniel Arzani to Lommel.