[March 11, 2023]
PARIS (Reuters) - Paris St Germain will submit a bid for the
country's largest stadium, the Stade de France, the Ligue 1
champions said on Friday as they look to move from their Parc des
Princes home.
Paris mayor Anne Hidalgo said the Parc des Princes was not for sale
which prompted PSG to say in January that they would explore
"alternative options" for their home stadium.
The Stade de France hosted the soccer World Cup final in 1998 and
three Champions League finals since 2000, including last year's
showpiece in which Real Madrid beat Liverpool.
The stadium has a capacity of around 80,000.
A PSG spokesperson told Reuters the capital club will submit a bid
for the Stade de France but added that their preferred option
remains a 'renovated' Parc des Princes.
The Parc des Princes, owned by the Paris city council, has been
PSG's home since they entered the top-flight in 1974.
In 2013, PSG reached an agreement with the Paris City Council to
extend their lease until 2043, following which they completed a 75
million euros ($79.89 million) upgrade of the stadium over three
years.
The Ligue 1 side also announced their intent to commit an additional
500 million euros towards the Parc des Princes' renovations, but
only if they owned the stadium.
French media reported that PSG put forward an offer to buy the Parc
des Princes in November last year but PSG president Nasser Al-Khelaifi
said in an interview with Marca that the club did not feel welcome
at the stadium.
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The lease for the Stade de France is held by a
consortium of the French companies Vinci and Bouygues with any
buyout of the stadium set to take place after 2025.
The arena opened its doors in 1998 and was the venue of the World
Cup final that year, won by the hosts. It will also stage track and
field events at the Summer Olympics in 2024.
Last season's Champions League final was delayed after thousands of
Liverpool supporters were unable to get into the Stade de France for
the match on May 28, which Real won 1-0.
French police were filmed using tear gas on fans, including women
and children. UEFA initially blamed the Merseyside club's supporters
for the mayhem, but the European governing body later apologised
following the release of an independent review.
The spokesperson added that a third option for PSG would be to build
a new stadium located outside Paris.
PSG have been the most successful club in France since Qatar Sports
Investments took over in 2011, winning the league eight times. They
have also had success in France's domestic cup competitions, but
have failed to win the Champions League.
($1 = 0.9388 euros)
(Reporting by Mathieu Rosemain; Writing by Aadi Nair in Bengaluru;
Editing by Ken Ferris)
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