Football: PSG owners interested in buying English clubs

Football: PSG owners interested in buying English clubs

After turning the page on “its” World Cup, Qatar continues to push forward its ambitions in football. Owner of PSG, he insists on buying the Parc des Princes from the city of Paris, and committing 500 million euros to work there in order to enlarge it from 45,000 seats to more than 60,000, like the stadiums owned by his greats. European competitors. Objective: to increase its income while the accounts are in red, and above all to improve the valuation of the club. But after several years of discussions, it is the blockage.

PSG has offered 40 million euros for the Porte de Saint-Cloud enclosure. The town hall, on the basis of assessments, expected between 300 and 350 million. “For us, the figure was grotesque, says someone close to the file at City Hall. We did not want to continue negotiations.” Especially since the rag is burning between the mayor, Anne Hidalgo, and the president, Nasser al-Khelaïfi, since the controversies surrounding the organization of the World Cup in the emirate. In mid-January, the city councilor slammed the door in The Parisian: “Very clearly, the Parc des Princes is not for sale. And it will not be sold. It is a firm and definitive position. It is an exceptional heritage of Parisians.” Faced with this snub, PSG is forced to find a way out. He has threatened to pack up the iconic arena, but no one really believes in building a new stadium for the club. Beyond the investment, the duration of the work and the future revolt of the supporters seem insurmountable obstacles.

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