Paris Saint-Germain, in conflict with the town hall of Paris for the purchase of the Parc des Princes, has mandated the American company Legends Hospitality to study the possibilities of a new stadium, we learned on Tuesday from a source close to the file, confirming information from L’Équipe.
The company must in particular carry out a market study, relying on the real estate consulting company Colliers to seek new sites, we learned from the same source.
The football club owned by Qatar Sports Investments and the municipality are in deep disagreement over the management of the club’s historic premises and clash in particular on the media field.
The club assures that it does not want to invest in the renovation and expansion of the stadium if it does not become its owner and plans to find refuge elsewhere.
Among the hypotheses that have circulated is the construction of a new stadium on the site of the Saint-Cloud racecourse. But building ex-nihilo might take ten years.
For its part, the town hall repeats that it is no longer a seller, following having assured that the purchase price proposed by PSG was ridiculous, around forty million euros once morest an initially hoped price of around 350 M EUR, according to different sources which do not all give the same figures.
Legends Hospitality is a member of the Sixth Street investment fund and specializes in the operation of sports venues.
In the United States, this company manages the Sofi Stadium in Los Angeles (Rams and Chargers in the NFL), the AT&T Stadium in Dallas (Cowboys), the Allegiant Stadium in Las Vegas (Raiders), and even the Los Angeles Galaxy.
Legends Hospitality was created by the US football teams (NFL) New York Yankees and the Dallas Cowboys and 51% of its shares were bought by the Sixth Street investment fund in early 2021.
In Europe, the company has worked with Tottenham and Liverpool and is responsible for part of the operation of Real Madrid’s Santiago-Bernabéu stadium for twenty years.
Colliers is a Canadian company offering, among other things, professional real estate advice.