Qatari president of PSG under graft investigation in France

Al-Khelaifi was selected as a club delegate, and confirmed by UEFA member federations in February, despite being the subject of a criminal proceeding for bribery in Switzerland since 2017. The Qatari television executive is suspected of bribing FIFA’s then-secretary general with use of a luxury villa in Italy to help secure 2026 and 2030 World Cup broadcasting rights in the Middle East for Doha-based beIN Sports. Another BeIn Sports executive, Yousef Al-Obaidly, is also under investigation in France over the awarding of the 2017 championships.

FIFPro is lobbying the European Union to ban transfer fees which it says concentrates power in the hands of a few mega-rich clubs, to the detriment of most players and the sport itself. JSW Group announced the launch of a long term plan to lift Indian sports for which it claims to have started building infrastructure for five disciplines at its steel plant in Bellary, Karnataka. Pak has secured a bailout package of $3 billion from Qatar, a day after Emir Sheikh Tamim bin Hamad concluded his visit to Islamabad. Earlier, China gave $4.6 billion in shape of deposits and commercial loans and Saudi Arabia provided $3 billion cash deposit and $3.2 billion oil facility on deferred payments. A Saudi-backed takeover of Newcastle United appears to be nearing completion at a time when the rest of the football industry is on its knees due to the economic crisis caused by the coronavirus pandemic.

French prosecutors allege Mr Khelaifi approved the payment, but his lawyers deny he was either a director or a shareholder at the time in 2011. It is alleged that the payments were made by Oryx Qatar Sports Investment to another firm run by the son of Lamine Diack, ex-president of the IAAF, the world athletics governing body. The Qatari television executive is suspected of bribing FIFA’s then-secretary general with use of a luxury villa in Italy to help secure 2026 and 2030 World Cup broadcasting lendgo mortgage rates rights in the Middle East for Doha-based beIN Sports. Al-Obaidly’s representatives say the payments made by Oryx to the IAAF’s appointed agent were transparent and part of the normal bidding process. Set up to handle the sponsorship and rights for Qatar’s bid, Oryx accepted to pay $32.5 million for the event’s commercial rights, including the $3.5 million paid to Pamodzi as a non-refundable deposit. The full amount would have been paid only if Qatar’s bid had been successful.

‘Portugal is a country founded on football – with some of the most passionate fans and one of the best talent systems in the world. QSI have owned the French giants since 2011 and has helped the club become one of the European powerhouses as they have won 29 trophies in their 11-year ownership of the Ligue 1 club. Nevertheless, a new era has started for the Magpies and Newcastle will be keen to regain their former glory under the Saudi ownership. Tamin, who was the head of the sovereign wealth fund, entrusted his long-time friend Al-Khelaifi with several senior jobs through the years in his companies. Under Mansour’s ownership, City have won several major trophies, including five Premier League titles.

Khelaifi is the chairman of Qatar Sports InvestmentPresided by Nasser al-Khelaifi, Paris Saint-Germain is owned by the Qatar Investment Authority, a sovereign wealth fund of the country. Mansour is the deputy prime minister of the United Arab Emirates and comes from the royal family of Abu Dhabi. He is also the chief executive of Abu Dhabi’s Mubadala Investment Company and a board member of the Abu Dhabi National Oil Company.

BeIN media group CEO charged in corruption probe in France The chief executive officer of media group beIN was handed preliminary charges of corruption as part of an investigation into the bidding process for … A French judge has charged the president of Paris Saint-Germain football club, Nasser Al-Khelaifi, with corruption over Qatari bids to host the world athletics championships. The chief executive officer of beIN, Yousef al-Obaidly, was also handed preliminary charges of corruption, while former IAAF president Lamine Diack is suspected of “passive corruption” in the same case.

Al-Khelaifi, who has became chief executive of Paris Saint-Germain in 2011 and is also the boss of Qatari television channel BeIN Sports, has been under investigation since March as a “person of interest” in the case, according to Agence France Presse. The president of the French football champion Paris Saint-Germain, Nasser Al-Khelaifi, has been charged with “active corruption” in relation to Qatar’s bids to host the 2017 and 2019 World Athletics Championships, a Paris judge ruled on Thursday. Of course, investing in a company is not as simple as putting $10,000 into it. You need to understand the stock’s long-term potential, not just to make money, but to also have a good chance of growing the business.

Brazil, Argentina and holders France have been cited as the main contenders for good reason, not least because of the identity of their star players. QSi has become increasingly involved in international sports and in the entertainment sector, especially as a key player in the French sports market with the completed acquisition of Paris Saint-Germain and its affiliates in 2011. Qatar Sports Investments is a closed shareholding organization founded in 2005 and based in Doha, Qatar. Revenues generated from ventures of QSi are reinvested into Qatar’s sport, leisure and entertainment sectors. QSi is led by Chairman Nasser Al-Khelaifi and Vice Chairman Adel Mohammed Tayyeb Mustafawi, and its board of directors has three additional members. According to Una Galani, QSi “is thought to be owned by the finance ministry and the Qatar Olympic Committee.” QSi is subsidiary of Qatar Investment Authority , the state-run sovereign-wealth fund in Qatar.

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