Paris Saint-Germain are preparing to leave the Parc des Princes for a new stadium after a dramatic performance from Nasser Al-Khelaifi.
PSG president Al-Khelaifi announced on Thursday that the club will have to leave the Parc des Princes after failing to reach an agreement with Paris Mayor Anne Hidalgo on the sale of the stadium.
Speaking to UEFA’s executive committee, the PSG president said after an offer was rejected: “It’s too simple to say now that the stadium is no longer for sale.
“We know what we want, we’ve wasted years trying to buy it.
“It’s easier for us now, we know what we want. It’s over for us. We want to move out of the Parc.”
The stadium is not owned by PSG and is instead the property of the City of Paris, who the club rent their ground from.
The French giants have played at the Parc des Princes since 1974, four years after the club’s birth, although the lease expires until 2043.
However, PSG’s Qatari owners were desperate to buy the stadium and were in a position to submit an offer of £85 million.
PSG have already spent over £70m on maintenance and are estimated to want to shell out an extra £420m to complete a primary upgrade, but they are unwilling to do so on a site they don’t own.
Hidalgo swatted aside the bid and slapped a huge price-tag of £250m on the 48,000-seat ground.
She said: “There will be no sale of the Parc des Princes. It is the heritage of the Parisian people. It’s closed. “
It remains to be seen where PSG could move to, with the Stade de France national stadium strictly irrelevant.
Right next to the Parc des Princes is the 20,000-seat Stade Jean-Bouin, owned by the city of Paris.
It may simply provide temporary accommodation until a more suitable location is found, as PSG needs to play in a much larger stadium.
Lately, the PSG women’s team plays there and rugby and American football matches are also held from time to time.
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