Paris Saint-Germain will submit its candidacy on Thursday for the acquisition of the Stade de France

Paris Saint-Germain will file before noon Thursday April 27 its candidacy to buy Stade de France, according to information from France Bleu Paris. The enclosure is valued at 600 million euros. By applying, the capital club is taking a first step towards moving from the Parc des Princes to Saint-Denis.

Candidates for the takeover have until Thursday noon to submit their letter of intent to the Stade de France consortium, which will then judge the various application files at 70% on the financial capacity of the applicant and 30% on that of managing the place. . The call for tenders will be officially launched in June. Responses are expected at the end of November.

A decision will then be taken by the State for a sale or a concession in 2024, before a final allocation in 2025.

The club does not close the door to potential event partners

For this takeover, PSG says it is ready to make concessions, such as welcoming the French football and rugby teams to Saint-Denis. Concerts and other events will still have their place, as requested by the State. This is why the club does not close the door to potential partners in events but also in real estate. If the PSG takes this step, it is for “have all the cards in hand” and to be able “to advance” in his desire to become the owner of a stadium, France Bleu Paris was explained on March 10.

In the event of a transfer of the stadium by the State, the downgrading of the Stade de France from the public domain is necessary. The State will therefore have to propose to Parliament to match this downgrading by maintaining its character as a sports facility of national interest. The Ministry of Sports explains to France Bleu Paris that the procedure must make it possible to integrate a certain number of guarantees and protective conditions in the deed of sale so that the transfer meets the objectives. The buyer must therefore in particular “carry out a minimum base of work” at the level of “Ticketing” or “door access control” and “surveillance video storage”.