The owners of PSG bought part of SAD from SC Braga and the Secretary of State for Sports, João Paulo Correia, says that it is up to CMVM to ensure the integrity of the operation.
The purchase of around 20% of the SAD of Sporting de Braga by the owners of PSG shows that Portuguese football is increasingly attractive to large investors. This is what it reveals TSFthe Secretary of State for Sports, João Paulo Correia, who welcomes this operation.
“It is an investment that demonstrates the attractiveness of national football, hoping that it will be increasingly competitive in international football. Better for investors,” explains the Secretary of State for Sport, who assures that “this will increase our competitiveness at European and international”. level.”
It is recalled that SC Braga reported, this Monday, that Qatar Sports Investment, owner of Paris Saint Germain, acquired 21.67 percent of SAD from the Braga club. João Paulo Correia tells TSF that the CMVM is responsible for supervising the operation: “This is an operation that has a financial and sports dimension. The financial dimension is the responsibility of the CMVM, which is responsible for guaranteeing the integrity of the operation.” This point must be made very clear”, explains the coach, who adds that “from a sporting point of view, it means the entry into the Portuguese market of one of the largest international investors”.
Source: TSF
