Paris Saint-Germain became champion of Ligue 1 and extended his contemporary dominance to the national level: winning the last three championships and 10 of the last 12.
However, PSG loses millions. The French club closed the 2022-2023 season with losses of more than US$107 million . Specifically, losses increased to US$117.6 million, according to the Management Control Department of the French Professional League (Dncg).
That same Dncg report also states that Eighteen Ligue 1 teams lost, as a whole, US$293 million last season, compared to the US$623 million joint deficit in 2021-2022. In that sense, PSG is responsible for around 40% of the combined losses of the entire championship.
For its part, Olympique de Lyon closed last year with US$106 million in losses. Between the two teams, they account for 77% of the total red numbers in Ligue 1.
Despite this, the Parisian team has planned a new stadium after deciding to abandon the Parc des Princes. PSG has among its plans the construction of its own new stadium after the entry of Arctos into its shareholding.
On February 9, the president of PSG, Nasser Al-Khelaifi, confirmed that the club will abandon the Parc des Princes, the municipal stadium where the team plays its home matches, given the City Council’s refusal to sell the stadium.
“It’s over; Let’s leave the Parc des Princes“, stated Al-Khelaifi after the UEFA Congress that was held in Paris and in which he was re-elected as head of the European Club Association (ECA) and member of the UEFA Executive Committee.
Three days earlier, a motion of censure was passed to consider the Parc des Princes, the city’s heritageat the proposal of Mayor Anne Hidalgo, something that makes the sale of the stadium to PSG difficult.
Given this, the president of the French team stressed that “It’s too easy to say now that the stadium is not for sale.; “We know what we want, we have wasted years wanting to buy the Parc des Princes.”
The club already looked for an alternative to the Parc des Princes and studied taking over the Stade de France, however, on January 8, it withdrew from the race by not presenting any formal offer before the deadline, which dated January 4. January.
PSG proposed moving to the Stade de France because among its plans is to have a stadium with a larger capacity, with up to 80,000 seats, compared to the 47,000 seats at the current Parc des Princes.
Source: Ambito
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