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7 months ago
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PSG is indeed preparing to leave the Parc des Princes. The new shareholder of the capital club, Arctos, confirms this.
It has been three months since PSG recorded the arrival of a new shareholder: the American investment fund Arctos Partners. Last December, the group based in Dallas and already present in the capital of around twenty franchises spent some 500 million euros to acquire 12.5% of the shares of the Parisian jewel. This in order to “ support remarkable growth » of the Reds and Blues.
This Thursday, during a conference organized by the Financial Times, the CEO of Arctos Alastair Seaman expressed his enthusiasm for this new challenge for his group. Not without being affirmative on one of the hot issues of the moment in Paris: the potential move of PSG to the suburbs, far from the Parc des Princes.
“There are too many unsatisfied demands”
“ They spent €150 million on a new training center which will have no equivalentsays Alastair Seaman, convinced of having carried out a great operation by investing in French football. The club enjoys a huge population base which provides the most talent in the world. These two data combined with the desire to invest in having a younger and more French team make the project financially interesting. »
And to say more about the abandonment of the Park: “ There is a strong possibility of seeing PSG develop a new modern stadium in the suburbs. It’s in progress, we’re working on it with them. There are too many unmet demands today and this project can solve the problem. It’s simple, actually: there is only one club in a city like Paris, which is one of the most visited in the world. This allowed their brand to become bigger than the local championship. Very few clubs are capable of achieving this. » The absolute anguish of Parisian supporters is no longer at the stage of rumor…
Written by:
Manu Tournoux is a passionate and knowledgeable football enthusiast with a special focus on French football. Born and raised in France, Manu discovered his love for the beautiful game at a young age and developed a deep understanding of the ins and outs of "Le Championnat." His French roots and extensive experience in football journalism have made him an invaluable asset to the French Football Weekly team. As an author for the website, Manu's expertise includes not only in-depth analysis of Ligue 1 and Ligue 2 matches but also insightful profiles of up-and-coming talents, detailed transfer news, and engaging coverage of the French national team. His captivating writing style and undeniable passion for the game have earned him a loyal following among our readers. When he's not crafting engaging articles for French Football Weekly, Manu enjoys attending live matches whenever he can, exploring football culture in various French cities, and engaging in spirited debates with fellow fans. Feel free to follow Manu on Twitter and interact with him as he shares his expert opinions, insights, and love for French football.
