• Loading stock data...
Friday, December 6, 2024
Tune in on Dec. 11 at 1:05 p.m. ET for our last Future of Sports virtual summit of the year – Future of Sports: Marketing! Register Now

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

Rays Reversal: St. Pete Approves $287M Stadium Bond Package

The approval gives the embattled project a big dose of resurgent energy.

‘This Is a Big Deal’: SEC Defends Championship Amid CFP Debate

Neither Texas nor Georgia appears at risk of missing the Playoff.

Hamilton’s Mercedes Era Ends in F1 Finale Amid Rising Tensions, Drama

Hamilton delivered eight constructors’ and six drivers’ championships for Mercedes.

WNBA Expansion Draft Drama: Picks Will Be Revealed, Not Player Pool

Only the final selections of the Golden State Valkyries will be revealed.

Featured Today

Dec 18, 2022; Lusail, Qatar; FIFA president Gianni Infantino claps during the awards ceremony after the 2022 World Cup final between Argentina and France at Lusail Stadium.

FIFA Wants More Matches. Resistance Is Growing Inside the Global Soccer World

Resentment and frustration over expanded schedules is nearing a breaking point.
November 30, 2024

U.S. Investors Are Gunning for England’s Small Soccer Clubs

Is another Hollywood-like success story possible among the U.K.’s smallest clubs?
Nov 1, 2024; Boise, Idaho, USA; Boise State Broncos running back Ashton Jeanty (2) leads the team onto the field prior to the first quarter against the San Diego State Aztecs at Albertsons Stadium.
November 29, 2024

Schools Are Scrambling to Prepare for the NCAA Revenue-Sharing Era

In the post–House v. NCAA world, “everyone’s kind of on their own.”
Nov 4, 2024; Kansas City, Missouri, USA; Recording artist Taylor Swift arrives prior to a game between the Tampa Bay Buccaneers and the Kansas City Chiefs at GEHA Field at Arrowhead Stadium.
November 29, 2024

The PWHL Could Be Inviting a Date With Taylor Swift’s Legal Team

The Toronto Sceptres may have opened a Pandora’s box of trademark issues.
Jan 3, 2018; Philadelphia, PA, USA; General view as Philadelphia 76ers center Joel Embiid (21) runs across the center court logo during the third quarter against the San Antonio Spurs at Wells Fargo Center.

76ers Sweeten Arena Deal, Offer More Benefits Despite Fierce Opposition

The NBA team shows an openness to revising a key arena agreement.
December 3, 2024

Roger Goodell, Josh Harris Lobby Senate on Behalf of RFK Stadium Bill

The team wants a new home by 2030. Could it be D.C.?
December 3, 2024

A’s Vegas Ballpark Cost Rises to $1.75B, but John Fisher Can Afford..

Additional amenities and rising construction costs create a new price tag.
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.
Rays
December 2, 2024

Rays Fire Back at County As $1.3B Stadium Deal Hangs in the..

The club says Pinellas County, Fla., “falls short” in meeting obligations.
November 26, 2024

Bears $4.7B Dome Plan Takes Hit After Deal With Chicago Suburb

The Bears and Arlington Heights resolved a longstanding tax dispute.
November 26, 2024

Rays Facing Schedule Shake-Up, Outdoor Adjustments, Political Drama

The schedule shifts look to address the vagaries of Florida’s summer weather.
November 21, 2024

Rays $1.3B Ballpark Plans Stalled by Bond Delays, Hurricane Fallout

St. Petersburg officials vote to delay bonds for a new ballpark.