New general manager of the capital club, Victoriano Melero took stock of the hot topic of the stadium.
PSG is cramped at the Parc des Princes. Certainly, the capital club earns enormous income in terms of matchday revenue, i.e. 21% of a turnover announced at €805.9 million in 2023-24, €168 million. An amount multiplied sevenfold since the takeover of QSI in 2011. With a negative visitor impact (-1%), the “reception capacity is at its maximum”as noted by Christophe Lepetit, head of economic studies at the Center for Sports Law and Economics (CDES).
“On the visitors' side, PSG, which is at the maximum of what it can do, will have difficulty doing better than that. At a constant scope, we will have to imagine new solutions to increase this visitor impact”he notes. In short, having a bigger stadium. An observation that PSG had already arrived at. It remains to be seen at which stage.
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The Park? It was the club's priority. The budgets are there, ready to be released. Except that PSG does not intend to invest massively to renovate a stadium in which it is a tenant. And we know that the Paris City Hall, owner of the Porte de Saint-Cloud site, does not want to sell. The idea is therefore to move, to find a 50 ha site to build a new stadium. “One of the conditions for the future stadium is to be the owner. So the position has not changed and today, we continue to work, to prospect to see all the possible options in order to have the stadium of the future for Paris Saint-Germain, which it will own.explained the new general director of Paris-SG, Victoriano Melero, this Monday, during a press conference at the Park. Without citing a figure, Paris-SG is aiming for “significant growth” of its turnover by increasing its reception capacity.
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To support the growth of PSG, we will need to find growth drivers, which requires more capacity.
Christophe Lepetit, sports economist
Moreover, the club has the objective of a 5% increase in its turnover for the 2024-25 season and a return to balance. “at the latest in the next two seasons”. And this despite a significant drop in TV rights. Victoriano Melero notes that the “deficit was halved last season. There is a new sporting cycle on the pitch, but this new phase extends to all levels of PSG. There are not 11 but 750 players.he emphasizes.
“The Parc des Princes is a small stadium compared to European competitors, very beautiful and historic but small and overoptimizednotes Christophe Lepetit. Today, the stadium is at the maximum of what it can give. How can this stadium evolve to allow the club to position itself at the level of the biggest clubs? On the model, there is the desire not to be a tenant but an owner due to the amounts mentioned for the extension. What model for this stadium? To support the growth of PSG, we will need to find growth drivers, which requires more capacity. I say this with complete independence, I have not been mandated by the club on this subject, but it is a real subject. This is a competitive disadvantage compared to the big clubs. The other clubs are not waiting. To remain at the highest level, we must support this growth, which requires a project around the stadium.deciphers the economist. A project that aims to go beyond the walls of the capital?