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Friday, March 29, 2024
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PSG Could Buy One of Europe’s Largest Stadiums

  • The French government is considering a sale of Stade de France.
  • The stadium could be valued at between $426.9 million and $640.4 million.
A view of the exterior of the Stade de France in Paris.
Kirby Lee-USA TODAY Sports

Paris Saint-Germain could find a new home at France’s biggest sports stadium.

Less than two months after Paris mayor Anne Hidalgo said the city wouldn’t sell the team its current home, Parc des Princes, one minister said the French government will consider selling the Stade de France.

Sports minister Amelie Oudea-Castera said the sale is being considered, along with granting a new operating concession after the stadium’s current one expires in 2025.

The Stade de France could also be sold to other interested parties — French newspaper L’Equipe reported last week that FIFA is considering a takeover of the venue, as well. 

Bloomberg reported that a call for proposals would open Monday.

The stadium — the sixth-largest in Europe with a capacity of 80,000 — could be valued between $426.9 million and $640.4 million, according to Le Figaro. 

PSG has played at the Parc des Princes since its founding in 1970. The club, which has already spent $75.6 million on improvements, had made acquiring the stadium a prerequisite for spending $540 million on renovating and expanding the venue.

“The mayor is forcing PSG to leave its home,” a team spokesperson said in January. “PSG is now forced to find alternative options to relocate the club.”

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