Qatar Sports Investments are considering pulling their funding into Paris Saint-Germain with the recent shortcomings allegedly damaging their reputation, according to reports in France.
PSG failed to make any significant progress in the Champions League since their takeover and defeat in the Coupe de France final and early Coupe de la Ligue exit has brought even more scrutiny on their ambitious project.
Qatar Sports Investments, a subsidiary of the state-owned Qatar Investment Authority (QIA), acquired the Ligue 1 club in 2012 with a view to making PSG a continental force of the stature of Real Madrid, Barcelona and Juventus, but repeated campaigns in the Champions League have so far resulted in exits at the quarter-final stage or earlier despite a huge financial investment.
Le Parisien reports that patience has started to wear thin among the QIA board of directors, who feel that a lack of success on the European stage and PSG’s failure to land either of the domestic cups this season is reflecting badly on the image of the state, to the extent that QIA is considering stepping back from the project in the medium term and more immediately pulling a significant amount of funding.
The takeover of the Ligue 1 club has now given way to a certain amount of skepticism and that QIA are particularly sensitive to the criticism they have received in France despite turning PSG into a global brand and investing over a billion euros in the transfer market.