After owning clubs in various countries, French Ligue 1 champions Paris Saint-Germain have now set their eyes on the Indian market and are exploring options to make an investment in the country. According to reports in The Hindu, the French club, owned by Qatar Sports Investments are reportedly evaluating the Indian market before making the investment. But according to the club’s Head of Communication Jean Martial Ribes who spoke to the publication said that the investment will only be made if the PSG owners “find the right partners”, the paper has quoted.
“For us (PSG), the Indian market is very important. If you break into the Indian market, the potential for business is massive. The problem is the game is not well developed yet,” he said.
This is not the first time that the French club had tried to establish their foothold in the Indian market. “We are looking closely at what the English and the other clubs are doing, and we will advance progressively. We were in India (before) and we found it difficult to develop the academies. For us, it’s (India) one of our top markets, but it’s not an easy one to break into.
“We need to find the right partners to build the academies, to develop even a PSG shop; because in Japan we opened one PSG shop and we are going to open a second one. Someday, it’d be great to have a PSG shop in Bombay (Mumbai) or Delhi,” said Ribes
“We have sponsors from China, we have sponsors from Indonesia, the United States, from many, many countries. We do not have sponsors from India, but it’d be fantastic for us to be able to have access to sponsors from India or to have Indian market people representing our brand. There are some very big companies in India but we need to have the access and right now, we are missing access.” he added
Ribes also stated that French champions will be open to playing a match in India if the right investment comes in.
“If we can find an Indian businessman who comes to us and says, ‘I am ready to work with you and develop the brand’ by opening stores or opening academies, we could bring in star players and we could imagine having a match in India with our team (PSG) someday. If we can find that person, we will definitely go. Just to go there and invest without knowing the right people is difficult,” he said.