• Loading stock data...
Saturday, January 11, 2025

PSG Could Be Latest Euro Soccer Team Seeking New Stadium

  • Paris Saint-Germain has called the Parc des Princes home since 1974.
  • The club had previously offered to purchase the stadium.
View of stands from field-level inside of PSG's Parc des Princes Stadium
PSG

The list of European soccer teams weighing new stadium options is getting longer.

Paris Saint-Germain is reportedly considering moving from the 48,000-capacity Parc des Princes — its home since 1974.

“My first option is we don’t move,” PSG president Nasser Al-Khelaifi said. “But the city of Paris is pushing us to move.”

“We spent 70 million euros upgrading the Parc de Princes, but it’s not our stadium,” he added, clarifying that the club had offered to purchase the stadium, but Paris’ asking price was too high.

Other stadium options reportedly include buying the 80,000-capacity Stade de France — the national stadium — from the government or moving to unidentified greenfield sites.

Several other clubs are also looking at a move or renovations.

  • Last year, Everton broke ground on a $694 million stadium set to open in the 2024-2025 season.
  • AC Milan and Inter Milan announced plans to build a new $1.3 billion stadium slated to open in 2027.
  • Chelsea is reportedly looking to build a new stadium on the Stamford Bridge site.
  • In April, Manchester United appointed the architects of the Tottenham Hotspur Stadium to create redevelopment plans for Old Trafford.
  • Newcastle United is considering either moving from St James’ Park or expanding.

AC Milan, Inter Look to Cash In on New $1.3B ‘Cathedral’

Inter and Milan could make $119 million annually from a new stadium.
September 21, 2022

American Investment

Along with a potential new stadium, PSG has a potential new investor.

An unnamed American investment fund is reportedly interested in acquiring a 10%-15% stake in the club — which Forbes last valued at $3.2 billion — from Qatar Sports Investment.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Full-Circle Quinn Ewers Saga in Spotlight at Cotton Bowl

The junior has one year of college eligibility remaining.
Dec 31, 2024; Glendale, AZ, USA; Penn State Nittany Lions head coach James Franklin against the Boise State Broncos in the Fiesta Bowl at State Farm Stadium.

James Franklin Wants All Schools in a Conference—Including Notre Dame

Notre Dame and Penn State play Thursday in the Orange Bowl.

Remaining CFP Coaches Vie for National Title—and Big Pay Raises

Winning a college football national championship is typically lucrative.
Oct 12, 2022; Philadelphia, Pennsylvania, USA; Charlotte Hornets guard LiAngelo Ball before a game against the Philadelphia 76ers at Wells Fargo Center.

LiAngelo Ball Never Reached the NBA. His Song Has Taken It by..

“Tweaker” is No. 8 on Spotify’s U.S. Top 50 songs playlist.

Featured Today

Ohio State Buckeyes defensive end Jack Sawyer (33) knocks the ball out of the hands of Texas Longhorns quarterback Quinn Ewers (3) and returns the fumble for a touchdown in the fourth quarter of the Cotton Bowl Classic during the College Football Playoff semifinal game at AT&T Stadium in Arlington, Texas on January, 10, 2025.

College Football Is Closer Than Ever to Perfecting the Championship Process

Despite valid criticisms, the first expanded Playoff is working.
Jan 2, 2025; New Orleans, LA, USA; Notre Dame Fighting Irish head coach Marcus Freeman (R) reacts on the sidelines in the final minute against the Georgia Bulldogs during the fourth quarter at Caesars Superdome.
January 9, 2025

Amid Realignment Mania, Notre Dame Stayed Independent. It Paid Off

How the CFP semifinal-bound Fighting Irish made their business model work.
Ohio State wide receiver Jeremiah Smith (4) celebrates a first-down catch against Oregon during the 2025 Rose Bowl in Pasadena, Calif.
January 3, 2025

The Biggest Changes to College Sports Are Coming in 2025

Sweeping developments could affect the college sports foundation this year.
Dec 31, 2024; Chicago, Illinois, USA; Chicago Blackhawks center Connor Bedard (98) walks out to the rink before the Winter Classic against the St. Louis Blues at Wrigley Field
January 1, 2025

Glitzy NHL New Year’s Eve Winter Classic Showcased Connor Bedard’s Star Power

The business of Bedard—on full display—is crucial for the NHL.

As Fires Devastate L.A. Area, NFL Moves Vikings-Rams Game

As of now, Monday’s wild-card game is still set for SoFi Stadium.
Biden, Josh Harris
January 6, 2025

Biden Signs RFK Stadium Bill Into Law

D.C. will take control of the potential stadium site within 180 days. 
January 7, 2025

Rays Reverse Course on Tropicana Field Repairs, Aim for 2026 Return

After questioning the ballpark repairs, the MLB club now wants them done.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
January 3, 2025

Browns Land Buy Fuels Stadium Plan As Cleveland Pushes Back

The NFL team executes a clause to purchase 176 acres of land.
December 31, 2024

Cleveland vs. the Browns: How ‘Modell Law’ Could Keep Team in City

The city invokes local law while seeking to halt the team’s relocation.
Mercedes-Benz Stadium
December 23, 2024

Falcons Stadium Transactions Up 30% Since Huge Food Price Cut

The team set famously low food prices at its stadium in 2017.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.
December 21, 2024

RFK Stadium Bill Passes in Overnight Stunner

In a 1:15 a.m. vote, all 100 senators voted yes.