French soccer champions Paris Saint-Germain have inked a multi-year agreement with Qatar Airways as their new front-of-shirt sponsor.
Since 2020, the state-owned airline of Qatar has paid the Ligue 1 team a reputed $5.2 million to $10,4 million year as a premium partner. The updated agreement includes PSG's youth, women's, and men's teams.
Along with becoming the official airport and duty-free of PSG, Doha's Hamad International Airport (HIA) and Qatar Duty-Free (QDF) also offer official fan travel packages to Paris as part of the partnership.
With more LED exposure and improved VIP hospitality experiences, the airline's presence in the Parc des Princes stadium will increase. PSG and Qatar Airways also pledge to provide fans across the world with more engaging content.
The deal's value has not been made public. Before this deal, PSG's front-of-shirt sponsorship with Accor reportedly cost between US$62.7 million and US$72.1 million annually.
In the past, Qatar Airways has sponsored the jerseys of Italian team AS Roma and Spanish powerhouse Barcelona. To the disgust of its supporters, the airline also has agreements with the German champions Bayern Munich and the 2022 Fifa World Cup.
Since 2011, Qatar Sports Investments (QSI), a division of the sovereign wealth fund Qatar Investment Authority (QIA), has owned PSG.


India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Trump Signs Executive Order Targeting Big-Money College Athlete Payouts
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Trump Plans UFC Event at White House for America’s 250th Anniversary
Trump Threatens Stadium Deal Over Washington Commanders Name
Trump Attends Super Bowl Amid Cheers, Boos, and Political Divide
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Apple Eyes U.S. Formula 1 Broadcast Rights in Major Sports Streaming Push
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Why Manchester City offered Erling Haaland the longest contract in Premier League history
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 



