QSI have confirmed that they have brought a minority stake in Portuguese side Sporting Clube de Braga.
The execution of the share purchase agreement has been disclosed to the Portuguese Securities Market Commission (Comissão do Mercado de Valores Mobiliários “CMVM”) and to the market. Dating back to its establishment in 1921, Sporting Clube de Braga has a proud history and heritage in Portugal, with its men’s and women’s team competing in the top tier of Portuguese football. Qatar Sports Investments, the investment group behind several world-leading sports brands and businesses, has announced the signing of a share purchase agreement with Olivedesportos, SGPS, S.A.