French businessman and Lyon President Jean-Michel Aulas has praised the Qataris as "the saviours of French football."
The Qatar Investment Authority bought PSG in April of 2011. Since then they have spent $315.12 million to sign players like striker Zlatan Ibrahimovic of Sweden and Thiago Silva; formerly a Brazil defender.
Despite these heavy investments the club' 2012.
Besides, the money paid by Qatar-owned BeIn Sport for the rights to show Ligue 1 until 2016 has beefed up the top club's financial status.
"Thanks to their investment, the Qataris have saved French football. Not necessarily clubs like Lyon and Marseille, well-structured clubs with solid shareholders. But they have saved middling clubs like Saint-Etienne, who - without them - would have been in trouble," Aulas, 63, told Le Parisien. "Their arrival is a windfall, and not to recognise that would be stupid."