The huge taxes paid by PSG

The huge taxes paid by PSG
The huge taxes paid by PSG

PSG is one of the country's major contributors to public finances.

In collaboration with the Center for Sports Law and Economics (CDES), PSG published this week a study demonstrating its involvement in the social sphere of Ile-de-. An analysis entitled “Economic impact and social utility of Saint-Germain” covering the 2023-2024 season.

Already in 2021, the capital club carried out a similar study based on the 2018-2019 financial year. The economic impact of PSG on the Île de France was then estimated at 182 million euros – it would now be 243 million euros – an increase of 25% reflecting the growing influence of the red and blue institution on its immediate environment.

2,379 jobs in Île de France

Very concretely, PSG is also a significant employer in the region, with 2,379 full-time equivalents. That is 746 employees directly attached to the club, 291 indirect jobs and 1,342 induced jobs – such as service providers involved in matches and various events.

The contribution to public finances of the rest is spectacular. In 2023-2024, PSG paid some 371 million euros in taxes, social and employer contributions. That's a jump of 44% compared to the study carried out five years earlier. Worthy of a large company, this overall contribution is equivalent to 7.4% of the region's budget; the CDES specifying that the Parisian club, since 2011 and the arrival of the Qataris, has contributed to public finances to the tune of 3 billion euros.

France

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