Paris-Saint Germain, as the club is called popularly, came into existence on the 12th of August 1970. It is one of the most acclaimed clubs and is based in Paris France. Within four years of its inception, the team reached new heights. Paris has been part of the Ligue 1 since 1974. It has, two league titles, eight French Cups, and three league cups to its honor. Other titles and honors include 1st ranking in UEFA Team Ranking in 1998. It was also named IFFHS world’s club Team of the Year in 1994. However, the current situation of the team is not something of great pride, they are ranked 16th in IFFHS and 48th in the UEFA Team Ranking.
With a seating capacity of approximately 49,000 seats, Parc des Princes is home to PSG since 1973, three years post its inception.
It was in 1973, when the historic crest of the club was created -- the red silhouette of the Eiffel Tower having Louis XIV‘s white royal cradle at its bottom, between its legs. The background was kept blue and edges white. It brought the symbols of Paris, the Eiffel Tower and Saint Germain, the royal cradle of Louis XIV for the first time on the same crest. The crest also represents the union of the two clubs.
Qatar Investment Authority (QIA)purchased 70% of the stake in the PSG club in 2011. Recently this year, QIA bought 30% stake in PSG from Colony Capital and Butler Capital, thus becoming the sole controller of PSG. The PSG is currently valued at €100m. Nasser Al-Khelaifi, the President of the QIA announced an investment sum of €100m in order to strengthen the team. With the takeover by QIA, PSG is no doubt the richest team in France; it is also amongst the richest clubs in the world.
The first official Paris football kit was designed in 1973. The PSG shirt was blue with red vertical bar in the centre with white edges. It was the design by Hetcher, which ruled the shirt design and color. Attempts to change the design did not do much, and it remained the same.
Official suppliers of the PSG Kits kept changing from time to time, and it is since 1989 that Nike has been providing the same. Nike, being the Official supplier of the PSG shirt, always found great demand for such items. However, there are other manufacturers in the market who provide PSG shirts made of different material and also provide customized products. One can buy them from online stores without any difficulty with a luxury of availing the shirts at your doorsteps within a day or two.
Looking at the history of the Origin of PSG, one can understand the hardships the club has faced; up where it rose to the new heights by winning tournaments and leagues and becoming one of the favorite clubs, to the lows when it ranked low on the UEFA team ranking.
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