Thursday September 28, 2023

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 
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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.

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