The US investment fund Colony Capital has sold its 30 percent stake in the football club Paris Saint-Germain, a company source said Tuesday, making the French Ligue 1 leaders wholly-owned by their Qatari investors.
The source said that the sale "was envisaged from the start" and comes after Qatar Sports Investments had already bought 70 percent of Colony's controlling stake in PSG a little less than a year ago.
Under the terms of the deal, Colony held an option to sell its remaining stake that it could exercise at any moment, the source added.
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