Qatar Sports Investments bought Paris Saint-Germain in 2011 aiming for the UEFA Champions League crown with seemingly limitless funding. It has spent an estimated $1.5 billion on transfer fees since its takeover and PSG’s 2022-23 season payroll is a world record $770 million. But on Wednesday, Bayern Munich beat PSG, 2-0, to advance to the quarterfinals, 3-0 on aggregate.
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