French television group Canal Plushave reduced their majority stake in Swiss club Servette to allow Paris St Germain compete in the UEFA Cup.
Canal Plus
have a stake in both clubs and UEFA rules state that two clubs under the same ownership cannot take part in the same competition.
"The recomposition of Servette's capital will allow us to play in the UEFA Cup", PSG Chairman Laurent Perpere said on the club's official website.
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Canal Plustoday sold 30 per cent of their 51 per cent holding in Servette to French businessman Michel Coencas.
No more details were immediately available.
PSG qualified for the UEFA Cup through the Intertoto Cup after Servette Geneve had qualified directly at the end of last season.