Paris-Saint-Germain, or PSG as it is more commonly known as, is a French professional football club based in Paris.
Image: Club website
Paris FC and Stade Saint-Germain merged together in 1970 to form PSG, and Parc des Princes has been its home ground since 1974. It shares intense rivalry with club Marseille with whom it participates in a much awaited contest known as Le Classique.
In a very short span of time PSG has become the most successful football club of France with 6 Ligue 1 titles, 10 Coupes de France and 5 Trophées des Champions. It also hails to be among the only two French clubs to have won a European Championship with its 1996 UEFA Cup winners’ cup and 2001 UEFA Intertoto Cup titles.
The club was initially established with financial backing from three businessmen Guy Crescent, Pierre-Étienne Guyot and Henri Patrelle. In 1973 Henri made way for Daniel Hechter after which the club attained the professional status. In 1990s the club was facing major financial troubles with a debt of 50Mn francs. Canal+ bought majority stakes of the club and later handed reigns to investment firms i.e. Colony Capital, Butler Capital Partners and Morgan Stanley. In 2011, Qatar Sports Investment became its majority shareholder with 70% shares. In 2015 the club has reported revenues of $578Mn, which is the third highest revenue among all football clubs of the world.
The club has won all three major titles i.e. Ligue 1, Coupe de France and Coupe de la Ligue in 2015-16 season courtesy talented players like Thilago Silva, Alphonse Areola and Edinson Cavani. It is currently managed by Laurent Blanc who has been instrumental in the clubs exquisite performance in French and European tournaments.