Arctos buys into Paris Saint-Germain at €4bn-plus valuation

The private equity firm is acquiring up to 12.5 percent of the French football club, PE Hub Europe understands, with owner Qatar Sports Investments retaining control of decision making.

  • PSG will use the investment to grow operations and support real estate activities
  • Arctos recently took a minority stake in F1 team Aston Martin Aramco Cognizant
  • PSG came fifth in Deloitte’s 2023 Money League

Arctos Partners has signed a deal with Qatar Sports Investments to take a stake in French football club Paris Saint-Germain. Arctos is buying up to 12.5 percent of the club in a deal that values PSG at more than €4bn, PE Hub Europe understands.

PSG will use the investment to grow its operations and support its real estate activities, including its stadium and its training centre in the Paris suburbs. PSG will also look to expand into new markets, including North America.

Arctos is no stranger to sports investments. The Dallas-headquartered private equity firm has invested in teams in its home country’s Major League Baseball, National Basketball Association and Major League Soccer, as well as in European football. It also agreed a minority stake in Formula One team Aston Martin Aramco Cognizant in November.

Since QSI acquired PSG in 2011 it has dominated its domestic French league, winning a record 11th title last year, but has failed to win silverware in Europe. It has had some big wins off the pitch, however. It came fifth in Deloitte’s 2023 Money League with €654 million of total revenue, having rarely even made the list before QSI’s takeover.

QSI, a subsidiary of Qatar’s sovereign wealth fund, will retain full control of the decision making at PSG.

Guggenheim Securities was financial adviser to QSI and PSG. DLA Piper was legal counsel.

Kirkland & Ellis was legal counsel to Arctos.