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Michael Jordan in line to bank millions if PSG win Champions League
Paris Saint-Germain will be vying for their first Champions League victory this Saturday as they face Inter Milan in the final, with basketball legend Michael Jordan rooting for the French titans due to his exclusive partnership with the club.
Since hanging up his NBA boots, Jordan has transformed into a successful entrepreneur. The Chicago Bulls icon bought a stake in the Charlotte Hornets franchise, subsequently turning over a profit of more than $2 billion, and has since established a NASCAR team alongside stock car veteran Denny Hamlin.
The Jordan brand is also flourishing, with the Nike subsidiary raking in roughly $7 billion annually. Jordan pockets an estimated $350 million each year from a five percent royalty share he holds, and he's made over $7 million solely from PSG merchandise sales.
While PSG may appear to have always been a powerhouse in European football, their prominence has only emerged within the past 15 years. The club was floundering until Qatar Sports Investments (QSI), a Qatari government-backed investment fund, bought 70 percent of the organisation in 2011, before snapping up the remaining 30 percent a year later.
Paris Saint-Germain will be vying for their first Champions League victory this Saturday as they face Inter Milan in the final, with basketball legend Michael Jordan rooting for the French titans due to his exclusive partnership with the club.
Since hanging up his NBA boots, Jordan has transformed into a successful entrepreneur. The Chicago Bulls icon bought a stake in the Charlotte Hornets franchise, subsequently turning over a profit of more than $2 billion, and has since established a NASCAR team alongside stock car veteran Denny Hamlin.
The Jordan brand is also flourishing, with the Nike subsidiary raking in roughly $7 billion annually. Jordan pockets an estimated $350 million each year from a five percent royalty share he holds, and he's made over $7 million solely from PSG merchandise sales.
While PSG may appear to have always been a powerhouse in European football, their prominence has only emerged within the past 15 years. The club was floundering until Qatar Sports Investments (QSI), a Qatari government-backed investment fund, bought 70 percent of the organisation in 2011, before snapping up the remaining 30 percent a year later.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.