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20/12/2012 - 17:02 BST

Paris Saint-Germain Line Up €100M Plus Qatar Sponsorship Agreement

Thursday, 20th December, 2012

Paris Saint-Germain could be in line to net more than €100M per year in a sponsorship deal with the Qatar Tourism Authority (QTA).

The Middle Eastern organisation wants to sign up PSG as sporting ambassadors for the region, according to French daily Le Parisen, with the club then helping to promote many projects in the gulf.

PSG are owned by the sovereign wealth fund of Qatar, but after a spending spree have much to do to increase their income.

A deal with the QTA which nets the club more than €100M per year, would certainly be welcome.

It remains to be seen just how UEFA would scrutinise the deal, in relation to the organisation’s financial fair play rules.

PSG’s wage bill is believed to be around the €200M mark and the French side must finance it through an increase in turnover.

Carlo Ancelotti’s team once again spent heavily over the summer.

PSG bought Thiago Silva and Zlatan Ibrahimovic in a double swoop on AC Milan, while Ezequiel Lavezzi arrived from Napoli.

Young Brazilian talent Lucas Moura is due to sign next month, at a cost of around €40M.

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