PSG will no longer play at the Parc des Princes

PARIS-. The president of Paris Saint-Germain Nasser al-Khelaifi confirmed the plans of the French league champions to abandon the stadium where they play after the Paris city council decided not to sell the venue to the PSG.

When asked on Thursday during a meeting of the UEFA executive committee in the French capital, Al-Khelaïfi was emphatic: “It has already been made easy for us. We are clear about what we want to do. It’s over. We are going to leave the Parc des Princes.”

Founded in 1907, PSG began playing at Parc des Princes two years later and has benefited from a long-term lease.

The club, owned by the Qatar Investment Fund, wanted to stay and be owned by the owner. But after eight years of negotiations, he will have to look for another place due to the city council’s refusal to sell.

In January, PSG reported that it had invested more than 85 million euros ($92 million) in stadium maintenance costs. At the time, PSG indicated that it wanted to invest another 500 million euros in renovations to be able to compete with the elite clubs of European football.

The club will now focus on looking for a new home. He did not give a deadline for his departure from the southwest of the capital.