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Qatar extends its 'claws' to Portugal, buys 21.67% of shares in Sporting Braga

2022-10-10 11:04:08, Sport CNA

A few years ago there was speculation about the possibility that Qatar's wealth fund, through its investment fund, would buy a football club or part of it. Although all eyes were on the Premier League, the deal has finally been formalized for a club in Portugal, it is Sporting Braga.

"Qatar Sports Investments (QSI), the investment group behind a number of the world's leading sports brands and businesses, has announced the signing of a share purchase agreement with Olivedesportos, SGPS, SA in connection with QSI's acquisition of 21.67% of the share capital in Sporting Clube de Braga - Futebol, SAD (SC Braga), one of the main football clubs in Portugal," the statement said.

Qatar thus continues to expand in the world of sports, following its firm commitment to PSG, which has increased its market value exponentially since Qatar took ownership, to the point of entering the 'Top 10' -shen of the most valuable clubs in the world. 

"Qatar Sports Investments është krenare që investon në kompanitë dhe markat kryesore sportive në mbarë botën, duke u mundësuar atyre të arrijnë potencialin e tyre të plotë. Portugalia është një vend i themeluar mbi futbollin, me disa nga tifozët më të pasionuar dhe një nga sistemet më të mira të talenteve. SC Braga është një institucion portugez shembullor, me një histori pa të meta, ambicie të jashtëzakonshme dhe një reputacion për përsosmëri brenda dhe jashtë fushës”,- tha Al Khelaifi.

"Qatar Sports Investments' exceptional global experience, knowledge and history of amazing results in sport and business will bring tremendous value and help us realize our ambitious plans. It's a great day for our club, our fans and our city." we expect many future successes for SC Braga", said club president Antonio Salvador.





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