Entrepreneur Nasser Al-khelaifi spotted wearing a Patek Philippe

When Lionel Messi put pen to paper at Paris Saint-Germain, the cameras captured every detail — including the watch on Nasser Al-Khelaifi's wrist. The PSG president and beIN Sports chairman was wearing the Patek Philippe Nautilus reference 5711/1A-014, a timepiece that has become as talked-about in collector circles as the transfer itself was in football.

The Patek Philippe Nautilus 5711/1A-014 was released in 2021 as the final production variant of the ref. 5711 line, the model Gerald Genta designed in 1976. Patek announced it would discontinue the 5711 series — then immediately unveiled this olive green dialed swan song. The 40mm stainless steel case houses the calibre 26-330 S C, an ultra-thin automatic movement with a 45-hour power reserve, beating at 28,800 vph. Finishing is impeccable throughout: horizontal embossed dial, applied gold hour markers, and the signature integrated bracelet that defined the sports-luxury category.

The 5711/1A-014 occupies a rare position in the collector market — a reference that generated hysteria on announcement and has never cooled. Patek Philippe produced it in limited numbers, officially allocated through authorized dealers at a retail price of $34,800. The grey market responded immediately, with prices climbing to the $300,000–$330,000 range and holding there. It is arguably the single reference most responsible for normalizing six-figure premiums on steel sports watches.

Nasser Al-Khelaifi is no stranger to significant Patek Philippe pieces — previous sightings have confirmed his appreciation for the Geneva manufacture. His choice to wear the 5711/1A-014 at one of the most photographed sports business events of the decade was either deliberate or instinctive, but either way it tracks. A man orchestrating a transfer worth hundreds of millions wearing a watch that trades at ten times its retail price carries a certain internal logic.

On the current market, the Patek Philippe Nautilus 5711/1A-014 remains one of the most liquid and resilient references available. Grey market values sit around $330,000, representing a markup of roughly 850 percent over retail — a figure that underscores both the watch's desirability and the structural scarcity Patek built into the model's exit from production.