09 December 2025
QSI to Acquire Belgian Football Club KAS Eupen
Doha, Eupen – 9 December 2025 – Qatar Sports Investments (QSI) – one of the leading strategic investment groups in sports, culture, entertainment and lifestyle – is pleased to announce its forthcoming acquisition of KAS Eupen, a historic Belgian football club, currently competing in the Challenger Pro League. The addition of KAS Eupen to the QSI group further strengthens its position as a global football and business operator – added to QSI’s majority ownership of Paris Saint-Germain and minority ownership of Sporting Clube de Braga – alongside QSI’s other leading investments in padel (Premier Padel), art (Art Basel) and other multi-sport projects spanning motorsports, basketball and more.
QSI has signed a Memorandum of Understanding (MoU) confirming the forthcoming full acquisition – subject to standard regulatory approvals – and the immediate takeover of the sporting operations of KAS Eupen. Under the terms of the MoU, QSI will ultimately take full operational control of the Club, including all associated sporting, commercial, and operational assets, in short order. In addition to strategic investment, QSI will support the Club’s transformation through world-class expertise, experience and know-how, while also connecting the Club to QSI growing, fully integrated and high performance, multi-club, multi-sport and multi-business model.
KAS Eupen is being acquired from the Aspire Zone Foundation (Aspire). Under Aspire’s ownership, the Club established itself as a stable and well-respected team. Belgium is also a highly attractive football market, where strong competition between high quality teams enhances talent development across the country, with KAS Eupen offering significant potential for long-term sustainable growth.
The investment reflects QSI’s principal strategy of developing sports assets, enhancing athlete development and pathways, and fostering high-performance environments within – and between – properties in its Group. QSI and the Club’s executives will focus on strengthening KAS Eupen’s sporting model, expanding its commercial capabilities, and identifying growth opportunities across both domestic and international markets. Key priorities will include youth academy development, infrastructure upgrades, and enhanced community engagement.
Nasser Al-Khelaïfi, Chairman of Qatar Sports Investments, said: “Qatar Sports Investments is proud to become the custodian of KAS Eupen and contribute to the development of football in Belgium. With QSI’s global expertise and passion for football, our objective is to build a modern, competitive football and business structure – bringing pride to KAS Eupen supporters and building on the Club’s great legacy to date. We warmly welcome into our family a fantastic Club and community.”
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About Qatar Sports Investments
Qatar Sports Investments (QSI) is a strategic investment group focused on world-class assets across sport, entertainment, lifestyle and culture. Founded in 2004, QSI brings hands-on expertise, innovative capital solutions, and a long-term vision to each of its investments. Its portfolio includes the iconic football club and current European Champions Paris Saint-Germain (PSG), the global professional padel tour Premier Padel, and the historic Portuguese football club Sporting Clube de Braga (SC Braga), together with major investments in Art Basel and other leading assets. With a proven track record of transformative impact, QSI continues to shape the future of cultural and entertainment experiences worldwide. For more information, please contact: media@qsi.com.qa.
About KAS Eupen
KAS Eupen is a Belgian professional football club based in Eupen, capital of the German-speaking community of East Belgium. The Club was founded on 9 July 1945 and plays its home matches at the Kehrwegstadion. Nicknamed “the Pandas,” KAS Eupen is the first club from Belgium’s German-speaking region to reach the country’s top-flight. Under Aspire Zone Foundation’s stewardship since 2012, KAS Eupen has served as a bridge between Qatar’s elite youth-development system and European professional football, with numerous players from the Foundation’s global talent programmes graduating to the first team and earning international recognition, helping to embed Eupen’s identity as a proven gateway for emerging global talent. As of 2025, in its 80th anniversary year, the Club competes in the Challenger Pro League, with a passionate fanbase, strong community roots and an enduring reputation as a challenger capable of punching above its weight. Read more here: https://www.as-eupen.be/en/
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