DOHA: Qatar Sports Investments (QSI), 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. regarding the acquisition by QSI of 21.67% of the share capital in Sporting Clube de Braga Futebol, S.A.D (SC Braga), one of the leading football clubs in Portugal.
Closing of the acquisition of the shares in SC Braga by QSI will take place in the next few months, subject to certain closing conditions.
Dating back to its establishment in 1921, Sporting Clube de Braga has a proud history and heritage in Portugal, with its mens and womens team competing in the top tier of Portuguese football.
