PSG could move to new city as statement released after ‘90,000-seater stadium' wins local approval
PARIS SAINT-GERMAIN could move to a new city and build a new $1billion stadium.
The French giants are keen to expand and local authorities could prevent an upgrade to their current ground, the Parc des Princes.
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PSG do not own the Parc des Princes and pay £1.5million a year in rent to Paris City Hall.
Club owners Qatar Sports Investments wanted to undertake an expansion of the stadium that could have cost up to £370million - but only if they could become owners of the site, per Lemonde.
A PSG statement emphasised the importance of owning the stadium in maintaining the club's growth, but they estimate a decision on the site will not be made until autumn 2026.
Paris mayor Anne Hidalgo confirmed the sale of the site is not currently an option, and that led PSG to examine potential new areas for a stadium.
The final locations are Massy, which is south of Paris and Poissy to the west, where PSG train at their Campus ground.
The statement outlines that the club do not prefer one option over the other, but there is already a plan in place for Poissy.
PSG have picked out a plot of land that could be suitable for a 90,000 capacity stadium.
The project could exceed £740million and would be situated on a site owned by automotive giant Stellantis, according to StadiumDB.
As well as a stadium, PSG want to build a real estate project based on models used internationally, particularly in American arenas like the SoFi stadium.
A PSG source told Lemonde: "We take note and we must move forward with the other options.
PSG hold Victory Parade following Champions League win against Inter Milan
"Owning your stadium is not a whim or a simple posture: the big European teams operate with this model.
Champions League depends on it, she assures.
"If tomorrow the Parc des Princes is saleable, we will see if we include it in our options. But I imagine that it will not change before the municipal elections."
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