France's dominant football club, state-backed by Qatari sovereign capital since 2011 and back-to-back UEFA Champions League winners as of May 2026.
Qatar built a state-linked sports apparatus via QSI, Aspire Academy, and the 2022 FIFA World Cup, making the Gulf emirate a major force in global football governance.
full dossier ›Saudi Arabia's Public Investment Fund, Qatar, and the UAE are spending tens of billions of US dollars on global sport to reshape their governments' reputations abroad.