It’s not a revelation; it’s a statement of fact and it ought to be repeated whenever Paris Saint-Germain are discussed: since 2011, PSG have been owned by Qatar Sports Investments (QSI), a subsidiary of the sovereign wealth fund of the state of Qatar.

Without that vital preface, one neglects a significant part of every PSG story, and indeed the entirety of this one.

Bankrolled by one of the richest nations in the world for the past decade, PSG’s transfer activities have altered the playing field in European football beyond recognition, as deals for the likes of Neymar (€222m from Barcelona in 2017) and Kylian Mbappé (€145m from Monaco in 2018) have sent inflationary waves across the transfer market.

It was partly — although certainly not solely — as a consequence of that hyperinflation that Barcelona, one of the world’s most storied clubs, found themselves in a situation where they were unable to prove to the Spanish…

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