January 18 According to the “Daily Telegraph”, Paris may leave the Parc des Princes and consider buying the Stade de France
The stadium is their new home.
PSG are desperate to rebuild and expand the 48,000-seat Parc des Princes to allow them to compete with Premier League revenues, but can only do so if they own the stadium, which they planned to invest 500 million euros in, but the deal was rejected.
Paris Mayor Anne Hidalgo refused.
Now Paris is considering other options, including buying the 81,000-seat Stade de France, which was built for the 1998 World Cup and will be the home of the French men’s football and rugby teams until 2024 and 2025 respectively. The French government owns the stadium.
and is for sale.
Other options for Paris are to build a new stadium near the Parc des Princes, or to move outside the city. They want a “Tottenham-style” stadium to maximize revenue and thus enhance the team’s competitiveness.
They are furious that despite so much investment in the club and the Parc des Princes, including an €85m stadium refurbishment, ambitions have been thwarted.
Regarding the acquisition of the Parc des Princes, the club has been negotiating with Paris for two years, but Paris Mayor Hidalgo recently said: “The Parc des Princes will not be sold. This is a firm and clear position. It is a special legacy of the people of Paris.
“The Daily Telegraph stated that the roof of the stadium needs to be renovated at a cost of 30 million euros, and now it can only rely on taxpayers.
Paris were outraged by the city’s refusal to sell the Parc des Princes, with a spokesman saying: “It is surprising to hear the mayor of Paris has taken a position that would force Paris, our fans, away from the Parc des Princes.
And disappointment. At the same time very notably this will also add tens of millions of euros to taxpayers to maintain the structure of the building, which is 50 years old and in need of refurbishment.
Regrettably, the Mayor has now abruptly canceled the sale discussions we had been having for a long time, and the club is now forced to find new options for our home ground.