PSG to Seek New Home as Paris Council Refuses Sale of Parc des Princes

Paris Saint-Germain's plans to purchase and expand the Parc des Princes have been halted by the city council's decision to keep the stadium public.

Paris Saint-Germain president Nasser Al Khelaifi announced the club's intention to leave the Parc des Princes following the Paris city council's reaffirmation that the stadium is not for sale.
The club had hoped to buy the stadium to expand its capacity and improve matchday revenues, but will now explore alternative sites for a new home.
PSG has played at the Parc des Princes since 1974 and had previously invested in upgrades ahead of Euro 2016 to increase matchday and VIP capacity.
The city council and Mayor Anne Hidalgo have expressed support for any transformations to the ground but have ruled out its sale to preserve Paris' legacy.
PSG withdrew their application to purchase the Stade de France, citing logistical, financial, and cultural misfits, and will cease further developments at the Parc des Princes.