This article may rely excessively on sources too closely associated with the subject , potentially preventing the article from being verifiable and neutral.(March 2021) |
Qatar Sports Investments (QSI) [1] is a Qatari-government operated shareholding organization founded in 2005 and based in Doha, Qatar. Revenues generated from ventures of QSi are reinvested into Qatar's sport, leisure and entertainment sectors. [2] QSi is led by Chairman Nasser Al-Khelaifi and Vice Chairman Adel Mohammed Tayyeb Mustafawi, and its board of directors has three additional members. [3] According to Una Galani, QSi "is thought to be owned by the [Qatar] finance ministry and the Qatar Olympic Committee." [4] QSi is subsidiary of Qatar Investment Authority (QIA), the state-run sovereign-wealth fund in Qatar. [5] [6]
Nasser Al-Khelaifi has served as chairman of QSi since 2011, and is well known for his business ventures and various leadership roles in Qatar. He is currently chairman and chief executive officer of beIN Media Group in Qatar and president of Paris Saint-Germain Football Club (PSG) in France. As a former professional tennis player, he serves as president of the Qatar Tennis Federation (QTF) and vice president of the Asian Tennis Federation for West Asia (ATF). [7]
Adel Mohammed Tayyeb Mustafawi serves as Vice Chairman of QSi and holds various other leadership positions within the Qatari banking industry. [8] The additional three other board members include Yousif Mohammed Al-Obaidli, Mohammad Abdulaziz Al-Subaie,Tanvirul Ahsan,and Sophie Jordan, who are also member of beIN Media Group's board of directors. [9] \
QSi has become increasingly involved in international sports and in the entertainment sector, especially as a key player in the French sports market with the completed acquisition of Paris Saint-Germain and its affiliates in 2011. [10] [11] QSi’s portfolio also includes Burrda, a Qatari sports brand and sports and leisure apparel supplier specialized in development and customization of actions established in 2007, and NextStep Marketing, a company specialized in client representations, direct merchandising, and event management among other things. [12] On 10 October 2022, QSi bought 21.67% of the shares of S.C. Braga for €80 million. [13] On 10 January 2023, QSi had enquired about the pre-purchase of West Ham United for April 2023. [14] On June 22, 2023, it was reported the sovereign wealth fund had invested $4.05 billion in Monumental Sports & Entertainment, the parent company of the Washington Wizards, Washington Capitals, and Washington Mystics, securing a 5% stake in the company. [15]
In June 2011, Tamim bin Hamad Al Thani, the Emir of Qatar, bought 70% of the club's shares through state-run shareholding organization Qatar Sports Investments (QSI), a subsidiary of Qatar Investment Authority (QIA), the country's sovereign wealth fund. QSI acquired a majority stake in June 2011 and then became the club's sole owner in March 2012. [16]
Qatar Sports Investments, a state-backed fund, will pay about €19mn for a 22 per cent stake in SC Braga, who sit third in Portugal’s top division. In October 2022, the Qatari investment fund that owns Paris Saint-Germain has bought a stake in a top-tier Portuguese football team, marking its first foray into multi-club ownership. [17]
In 2023, Qatar Sports Investments acquired the World Padel Tour to create a new global circuit for padel, starting in 2024. [18]
Sheikh Hamad bin Khalifa bin Hamad bin Abdullah bin Jassim bin Mohammed Al Thani is a member of the ruling Al Thani Qatari royal family. He was the ruling Emir of Qatar from 1995 until 2013 when he abdicated the throne, handing power to his fourth son Tamim bin Hamad Al Thani who was born to his second spouse, Moza bint Nassir. The Qatari government refers to him as the Father Emir.
Paris Saint-Germain Football Club, commonly referred to as Paris Saint-Germain or simply PSG, is a professional football club based in Paris, France. They compete in Ligue 1, the top division of French football. As France's most successful club, they have won over 40 official honours, including eleven league titles and one major European trophy. Their home ground is the Parc des Princes located in the 16th arrondissement of Paris near the commune Boulogne-Billancourt.
Sporting Clube de Braga, commonly known as Sporting de Braga or just Braga, is a Portuguese sports club from the city of Braga. Best known for the men's professional football team playing in the Primeira Liga, the top flight of Portuguese football at the Estádio Municipal de Braga, it also has departments for athletics, badminton, basketball, beach soccer, billiards, boccia, boxing, esports, futsal, karate, kickboxing, muay thai, swimming, taekwondo and volleyball.
Sheikh Hamad bin Jassim bin Jaber bin Mohammed bin Thani Al Thani, who was also known informally by his initials HBJ, is a Qatari politician. He was the Prime Minister of Qatar from 3 April 2007 to 26 June 2013, and foreign minister from 11 January 1992 to 26 June 2013.
The Qatar Investment Authority is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In October 2023, the QIA has an estimated $475 billion of assets under management.
Paris Saint-Germain Football Club, commonly referred to as Paris Saint-Germain or simply PSG, are a French professional women's football club based in Paris. Founded in 1971, they compete in Division 1 Féminine, the top division of French football. Their home ground is the Stade Jean-Bouin. They are the women's department of Paris Saint-Germain.
Nasser bin Ghanim Al-Khelaifi is a Qatari businessman, sports executive, and former tennis player. He is the chairman of beIN Media Group and Qatar Sports Investments, president of Paris Saint-Germain and the Qatar Tennis Federation, and vice president of the Asian Tennis Federation for West Asia.
Paris Saint-Germain Handball (PSG) is a French professional handball club founded in 1941, and based in the city of Paris in France. The club is the handball department of Paris Saint-Germain.
Sheikh Abdulla bin Mohammed bin Saud Al Thani was appointed as the Qatari Ambassador to Germany in August 2020.
Adel Aref is a French-Tunisian former international tennis umpire and sports executive. He has also served as Director of Cabinet of the President at Paris Saint Germain Football Club and PR Director for BeIN Sports.
Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani is a Qatari diplomat, economist, and politician who has been serving as the Prime Minister of Qatar since 7 March 2023 and Minister of Foreign Affairs since 2016. He has also been serving as Chairman of the Qatar Fund for Development (QFFD) since 2014, and is a member of Qatar's Supreme Council for Economic Affairs and Investments (SCEAI) since 2014.
The Public Investment Fund is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$925 billion. It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia. The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015.
Ahmed Al-Rumaihi is a former Qatari diplomat in the United States. Currently, he is head of Qatar Investments, a new $100 billion internal division of sovereign wealth fund Qatar Investment Authority (QIA).
Benoît Rousseau is a French financial analyst. He worked as financial director of Paris Saint-Germain F.C. from 1996 to 1998, and was then a financial advisor to Lille OSC, OGC Nice, AS Saint-Étienne, FC Nantes and RC Strasbourg Alsace. Formerly a president of Paris Saint-Germain, Rousseau is president of the Association Paris Saint-Germain as of April 2021.
Paris Saint-Germain Football Club were initially fan-owned and had 20,000 members. The club was run by board members Guy Crescent, Pierre-Étienne Guyot and Henri Patrelle. A group of wealthy French businessmen, led by Daniel Hechter and Francis Borelli, would then buy the club in 1973. PSG changed hands in 1991, when Canal+ took over, and then again in 2006, with the arrival of Colony Capital. Qatar Sports Investments (QSI) have been the majority owners of PSG since 2011, currently holding 87.5% of the shares. Arctos Partners owns the remaining 12.5%.
Frédéric Longuépée is a French gymnast and businessman known for his activities in the sport industry, especially in the French football Ligue 1 with Paris Saint-Germain and Girondins de Bordeaux. As a gymnast, Longuépée competed in eight events at the 1988 Summer Olympics.
Mohammed bin Hamad bin Qassim Al Abdullah Al Thani is the Qatari Minister of Commerce and Industry. He was appointed as minister on 19 October 2021.
Qatar has been noted for its ability to use soft power to achieve its objectives by influencing other actor's choices and populations’ views towards it. Qatar's soft power is mostly manifested by Qatar's extensive sports and media network through government owned intermediaries such as Qatar Sports Investment, Al Jazeera, Qatar Airways, which critics argue serve in part to divert attention from Qatar's human rights violations, discrimination against the LGBT community and sponsorship of non-state militant groups.
{{cite web}}
: CS1 maint: numeric names: authors list (link)