PSG owners weigh €2bn Parc des Princes redevelopment
Paris Saint-Germain’s owners are weighing a €1.5 billion to €2 billion redevelopment of the Parc des Princes and surrounding land as the club considers whether to stay in Paris or build a new stadium.
Qatar Sports Investments is considering a project that would expand the Parc des Princes and add a museum, a flagship club shop, housing and potentially a hotel in the surrounding Porte de Saint-Cloud district, according to L’Équipe.The reported €1.5 billion to €2 billion estimate covers the wider development, including a potential stadium purchase and work on neighbouring sites. The City of Paris owns the ground, which PSG occupies under a lease, and no sale agreement has been signed.The most ambitious design would increase capacity from about 48,000 to nearly 70,000, giving PSG room to sell more tickets and expand its hospitality offering. Le Parisien reported that an increase to around 60,000 could be more realistic given the stadium’s footprint, its proximity to the boulevard périphérique and planning constraints in the neighbourhood.The surrounding development would give PSG sources of income beyond matchdays, with the museum and shop aimed at visitors throughout the year. According to 20 Minutes, the existing stadium already generates more than €170 million a season, including ticketing and hospitality revenue.The proposed development area includes car parks, a TotalEnergies petrol station and the Géo-André sports complex, according to L’Équipe. Stade Français Omnisports uses the complex under a concession, so incorporating it into the project would require a solution for the sports activities already based there.The Paris council authorised mayor Emmanuel Grégoire to open formal negotiations with PSG in April after years of municipal opposition to a sale. The city and club are examining two options: a purchase or a long lease that would give PSG more certainty over its investment.In June, the city said any agreement should preserve the stadium’s primary sporting use. It also wants proceeds from a sale or new lease to support local sports facilities, green spaces and improvements around Porte de Saint-Cloud.PSG is still assessing new-build options in Massy and in Poissy, near its training centre. Le Parisien reported in October that the club had spent about €2 million studying each of the three sites and had yet to rule any of them out.The club is expected to choose a site by the end of 2026. If it stays at the Parc des Princes, the Stade de France has been identified as a possible temporary home while work is carried out.