Colony Capital Investing

PARIS (AP) A trio of investors, two of them U.S.-based, has agreed to purchase French soccer club
Paris Saint-Germain, current owner Canal Plus television said Tuesday.

Private investment firm Colony Capital, investment bank Morgan Stanley, and French private
investment firm Butler Capital Partners are to take control of the two-time French champion, Canal Plus
said. Former PSG club director Alain Cayzac will take over for club president Pierre Blayau, it said. No
financial details of the deal were immediately released.

The deal had been rumored to be in the works. Canal Plus has owned PSG for 15 years but recently
asked a London-based broker to find a buyer.

Le Parisien newspaper reported last week that Colony Capital and former Lille president Luc Dayan and
Colony Capital were expected to invest about euro70 million (US$84 million) in the club and speculated
that coach Guy Lacombe could be replaced at the end of the season.

Blayau has proved unpopular with fans since firing coach Laurent Fournier in December. Last week,
Blayau was suspended for three months by a soccer ethics panel after a clash with bitter rival Marseille
over ticketing arrangements.

PSG, which was docked a point last week in the ticketing affair, is in eighth place with 49 points, five
points off the third Champions League place with only five games remaining. However, it has scored
eight goals in its past three games.