PSG Record a €20m Loss

As reported by Le Parisien, Paris Saint-Germain made a €20m loss for the year 2010-2011.

A supervisory board was held yesterday morning where Parisian administrators met to discuss two main topics; the accounts for the aforementioned year and the change in the legal structure of the club.

It was also discussed by policy makers that a general meeting of shareholders – along with Coloby Capital and Butler Capital Partners – will meet in mid-October and allow the implementation of the new board in place of the supervisory one.

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