Paris St. Germain ready to land in the basketball world

Paris St. Germain is ready to land in the basketball world.

The Qatar Sports Investments, who bought already the football and the handball teams, is in advanced talks with Paris-Levallois to buy the team, according to L’Equipe (via Catch-and-Shoot).

If the deal will be finalized, PSG basket will likely have at least €10M as budget and  play in Paris-Bercy Arena (capacity 17.500) which is being refurbished at the moment (ready in October 2015).

PSG may also get a wild card to play in Euroleague starting from 2015.