Paris Saint-Germain, in disagreements with the Paris town hall which does not want to sell it the Parc des Princes, is officially no longer a candidate for the takeover or concession of the Stade de France, a source told AFP on Wednesday close to the club, confirming information from Parisian.
The owner of PSG, Qatar Sports Investments (QSI), which had indicated several months ago that it was studying the file “seriously”, did not submit a file by Wednesday’s deadline. From the start, this interest was seen by many observers as a way of putting pressure on the mayor of Paris Anne Hidalgo (PS) to relaunch the exchanges, today “non-existent”, on the Parc des Princes.
“Not the right option for the club”
The takeover of the “SDF” was “not the right option for the club”, another source told AFP, but “this does not mean that Hidalgo wins, quite the contrary: with Arctos, we have bigger and better projects if Hidalgo still refuses to sell,” assured this source. Now that this track is no longer relevant, the club affirms that there are other “projects” to continue to “develop” PSG.
And first of all, the option of acquiring and renovating the Parc des Princes, in “the sole hypothesis that the stadium is indeed put up for sale”, affirms the source, adding that concerning this aspect, there is no had “still no discussion with the town hall and no progress”. But also the construction of a new stadium with 70,000 seats in Ile-de-France, currently studying several sites in the Paris region, according to the source close to the club.
The current concession expires in June 2025
In the process of getting dressed up for the Paris Olympic Games, the Stade de France is at the same time looking for its new concessionaire or owner. Wednesday is the deadline for application submissions. The State, owner of this sports venue located in Saint-Denis (northern suburbs), launched two procedures in parallel last March: that of a sale and that of the renewal of the concession. The current concession granted in 1995 to the Vinci-Bouygues consortium (two thirds, one third) expires in June 2025.
The other suitors who have shown an interest in a buyout or a concession are discreet, apart from the Vinci-Bouygues consortium which is a good candidate for the concession and the sale, according to several sources close to the matter. The other candidate would be the events company GL Events chaired by Olivier Ginon, considered by some to be close to the Elysée.