Who is the Richest Person Associated with Paris Saint-Germain?

The wealthiest individual directly involved with Paris Saint-Germain is the club‘s Qatari president Nasser Al-Khelaifi. His net worth as of 2023 is estimated at approximately $8 billion.

This makes Al-Khelaifi one of the richest people in world football, thanks both to his ownership stake in PSG and his extensive business interests outside of sport.

Al-Khelaifi‘s Role and Net Worth

  • Al-Khelaifi has been PSG‘s president and chief executive officer since 2011, overseeing its transformation under Qatari ownership.
  • His net worth stems from chairing beIN Media Group, a global sports and entertainment network, along with other lucrative positions.
  • But Al-Khelaifi also owns an undisclosed stake in Qatar Sports Investments (QSI) – the state-backed entity which directly controls PSG.
  • Forbes estimates his overall net worth at $8 billion as of 2023. This makes him the wealthiest individual figure involved with running PSG.

PSG‘s Ownership Structure

While Al-Khelaifi runs PSG‘s daily operations, the club is ultimately owned by Qatar‘s state. The ownership structure is:

  • Qatar Sports Investments (QSI) – The direct owners of PSG, a subsidiary of Qatar‘s sovereign wealth fund.
  • Qatar Investment Authority – Qatar‘s $450 billion sovereign wealth fund which founded QSI in 2005.
  • State of Qatar – The gulf nation‘s government provides the underlying funding via the sovereign fund.

QSI acquired PSG in 2011, instantly transforming them into a hugely rich club backed by Qatar‘s enormous wealth and assets.

PSG‘s Remarkable Growth Since 2011

PSG‘s revenue, value, sponsorships and playing squad have all exploded in scale thanks to Qatar‘s takeover:

Metric 2011 2022 Increase
Revenue €100m €654m +€554m
Squad value €100m €993m +€893m
Main shirt sponsor €1.8m p/yr (Fly Emirates) €65m p/yr (Nike) +€63.2m p/yr
Transfer spending €14m €1.4bn +€1.39bn

Their annual revenue has grown over six-fold since 2011, now exceeding €650 million. Qatar‘s investment has catapulted them into Europe‘s financial elite.

Dwarving Their Domestic Rivals

This wealth has given PSG massive advantages domestically. PSG‘s annual revenue is now five times larger than nearest Ligue 1 rivals Lyon and Marseille:

Club Revenue
PSG €654m
Lyon €130m
Marseille €125m

Their squad cost of nearly €1 billion also massively outstrips any other French side. This financial dominance helps explain PSG‘s routine Ligue 1 triumphs.

Challenging Europe‘s Super Clubs

PSG‘s finances can now compete with traditional giants like Barcelona, Real Madrid and Manchester United.

Deloitte ranks PSG‘s revenue as 6th highest in football for 2021/22, just behind Bayern Munich. Their growth has been achieved in just over a decade.

Club Revenue 2021/22
1. Real Madrid €778m
2. Barcelona €582m
3. Man Utd €583m
4. Liverpool €594m
5. Man City €644m
6. PSG €654m

However, despite now being able to afford superstar players like Messi, Mbappe and Neymar, PSG are yet to win the prestigious Champions League.

Transfer Spending Since the Takeover

PSG‘s owners have invested monumental sums on player transfers since 2011 – over €1.4 billion on inbounds alone:

Year Transfer Spend Major Signings
2017 €402m Neymar, Mbappé
2012 €150m Ibrahimovic, Thiago Silva
2021 €115m Messi, Ramos, Donnarumma
2022 €112m Vitinha, Mukiele

This has allowed them to consistently break the world record fees paid for players like Neymar. PSG‘s rebuild into an elite squad has been financed by Qatar‘s deep pockets.

Their estimated annual wage bill stands at over €370 million as of 2022, again among the very highest in football.

Controversies Around PSG‘s Funding

Unsurprisingly, PSG‘s sudden dominance based on state funding has been controversial.

PSG has faced accusations of:

  • Financially "doping" the club – Huge funding perceived as distorting competition.
  • Sportswashing – Using football to boost Qatar‘s reputation despite human rights concerns.
  • Circumventing rules – Channeling money via inflated Qatar-linked sponsorship deals to bypass UEFA‘s Financial Fair Play regulations.
  • Damaging football – Distorting the transfer market and wage inflation with exorbitant spending.

Qatar and PSG reject these claims. They argue the investment brings positive attention, tourism and business to Qatar. Commercially, it has undoubtedly helped grow PSG into a hugely valuable global brand.

The controversies look set to continue as Qatar continues pumping billions into PSG to achieve their ultimate goal – winning the Champions League.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.