Paris Saint-Germain have announced a new major sponsor today, Ooredoo, a Qatar based telecomms company, according to SportsPro.
While the official figures are being kept secret, Ooredoo have announced that the deal will last until 2018 and will see their company logo on the back of PSG shirts and on the training kit sleeves, as well as the training ground being renamed "Ooredoo Training Centre".
It's not the first sponsorship deal with a Middle-Eastern company for the Ligue 1 champions, who have a supposedly $150 million a year deal with Qatar Tourism Authority, in order to promote the upcoming 2022 World Cup, as well as a $100+ million, four year deal with shirt sponsors Fly Emirates.
Ooredoo will be familiar to Liverpool fans, the company were interested in sponsoring the Merseyside team earlier this year but Liverpool opted to extend their deal with Standard Chartered.
Speaking about the deal, Ooredoo chairman, H.E. Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, said: "Football brings people together from all nations and all walks of life, and we have found a great sponsorship partner in Paris Saint-Germain.
“Through our talks with the club, we have come to know them as a team that is keen on bringing football to new markets, committed to developing communities and is passionately connected to their fans.
"We share these values, and look forward to a long and mutually-beneficial partnership with Paris Saint-Germain."
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