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New Paris Mayor Moves to Sell Parc des Princes to PSG

The push signals a break from City Hall’s past stance under Anne Hidalgo.

Overview

  • Emmanuel Grégoire opened talks after a positive first contact with PSG president Nasser al-Khelaïfi and says he wants a quick sale.
  • Le Parisien reports he is aiming for an agreement this summer, though the timeline could slip.
  • Media cite a starting valuation for the stadium between €200 million and €300 million.
  • Talks must also settle naming rights, meaning a sponsor name on the stadium, the neighborhood plan, and who funds a cover over the nearby ring road.
  • The shift departs from Hidalgo’s refusal to sell and would give PSG control over stadium revenues and future upgrades.