Paris Saint-Germain Football Club, frequently referred to Paris Saint-Germain, PSG, Paris or Paris SG is a professional football team situated within Paris, France. They play within Ligue 1, the top division of French football. The most successful team in France They have been awarded more than 40 official awards as well as nine league titles as well as a important European trophy. Their home stadium is the Parc des Princes.
PSG was founded in the year 1970 after the merger of Paris FC and Stade Saint-Germain. The Parisians have won their first major trophy in the form of in the French Cup, in 1982 and also their initial Division 1 title in 1986. The 1990s were one of the most successful times in the history of PSG. They won a second league title and the three French Cups, two French League Cups and 2 French Super Cups and the winner of the UEFA Cup Winners' Cup in 1996. After experiencing a drop in fortunes throughout the 2000s The Red and Blues have enjoyed an upswing since 2011, thanks to more financial backing and have enjoyed unbeatable success in domestic competitions. They have won seven league titles and 20 national cups. PSG are also a regular participant on the UEFA Champions League, reaching their first final in the year 2020.
Paris SG have the most consecutive seasons in France's top league and are one of only two French clubs to win an important European title. The club is the largest and most adored soccer club of France and also one of the most well-supported teams around the globe. The colors of PSG's home kit are blue, red and white. The club's logo features the Eiffel Tower, as well as an eagle. PSG have had a long-running battle with Olympique De Marseille; they play French football's most famous game, Le Classique.
Tamim bin Hamad Al Thani Tamim bin Hamad Al Thani Emir of Qatar, owns PSG through closed shareholders Qatar Sports Investments (QSI) which bought PSG in the year 2011. The purchase resulted in PSG the most affluent club in France and among the most wealthy around the globe. The 2019-20 season is the most recent, PSG have the seventh-highest income in the world of football with an annual income that is EUR541m as per Deloitte and are the ninth most valuable football club with a value of $2.5bn in the eyes of Forbes.
The summer of 1970 was when a group of businessmen decided to form an important club in Paris. French capital. Guy Crescent and Pierre-Etienne Guyot chose to merge their newly formed side, Paris Football Club, with Stade Saint-Germain of Henri Patrelle after the team from Saint-Germain-en-Laye, 15km west of Paris, were promoted to Ligue 2. Real Madrid played a big influence in the creation of Paris Saint-Germain. Three men were unable to come up in the financial viability of the idea until they got to meet the president of Real Santiago Bernabeu.
Bernabeu said to them that beginning an online campaign was the best way for establishing an entirely new team. After the petition had been signed by more than 20,000 members, Paris Saint-Germain Football Club was officially established on August 12, 1970. The first time ever during French soccer history supporters had contributed financially to the formation of an football club. The new capital club grew large fan bases due to the merger, and also benefited greatly from a more streamlined team. It was helmed by Jean Djorkaeff, the club's first superstar, PSG was promoted into Division 1 and won its 1970-1971 French Division 2 title in the first season. Due to a difficult financial situation and a tense financial situation, it was the Paris City Council offered to pay off the club's debts and demanded to change their name to a name more Parisian namesake that reads "Paris Football Club." Following PSG President Henri Patrelle refused the name change, and financial support was cut The club disbanded in 1972. Paris FC remained in the top division however, PSG were moved to administrative Division 3.
PSG began to take off after the fashion creator Daniel Hechter took over. In the days before the start of the 1973-74 season, Hechter took over from Henri Patrelle as president and appointed Francis Borelli as vice-president. In addition to providing financial support towards the football club Hechter was also the designer of PSG's classic home team. After two consecutive promotions, in the era of French famous legend Just Fontaine, Paris Saint-Germain quickly returned to the top division in 1974. It was ironic that it happened in the same year that Paris FC slipped into the division below and moved to the Parc des Princes, which was until then been the home of PFC. Since since then, PSG have never abandoned the top division of French football, nor the Parc. Prior to this, PSG had been playing at various venues, such as those at the Stade Municipal Georges Lefevre as well as the Stade Jean-Bouin and the Stade Bauer and the Parc des Princes several times during the season, despite the opposition of PFC.
The team was headed by Daniel Hechter, the Parisians did not win any silverware during the 1970s, but they began their long tradition of spectacular Coupe de France runs, established themselves as a top half division 1 team, and attracted a number of famous players, like Jean-Pierre Dogliani Mustapha Dahleb, and Carlos Bianchi. Following Hechter was barred for life from playing football in 1978 by the French Football Federation in January 1978 for allegedly running corruption-related schemes involving the sale of tickets at Parc Des Princes Francis Borelli, who was vice-president prior to that was named the new manager for the Ile-de-France club. The trophy cabinet at the club was able to welcome their first silverware major trophy with the assistance of superstar signings Joel Bats, Dominique Bathenay, Safet Susic and Dominique Rocheteau along with PSG Academy graduate Luis Fernandez who led the capital team into two straight French Cup titles in 1982 and 1983. These wins led to opening Paris the way to Europe and included their stunning international debut during the Europe Cup Winners' Cup that saw them progress to the quarterfinals of the competition. PSG had its first league championship in the year 1986. The team was led by Susic Joel Bats, Luis Fernandez and Dominique Rocheteau the Red and Blues dominated the championship from beginning to end with a remarkable 26 games without defeat to the championship.
The second season following the league title wasn't as glistening, however. PSG ended up finishing 7th in 1987-87 French Division 1 and their first UEFA Champions League appearance that season was a total failure. They were eliminated by the minnows Vitkovice in the opening game of the 1986-87 European Cup. The next one, PSG avoided relegation on the final day of the 1987-88 season with winning 4-1 against Lens on the Parc of Princes. Indebted to the club, PSG was briefly able to bounce back to fight to win the 1988-89 league title alongside Marseille but then fell to decline.
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