PSG officially positioned itself to acquire the Stade de France by submitting a bid for the acquisition of the nation-owned stadium before the April 27 deadline set by the French government.
Just a few hours later, it was revealed that a Vinci-Bouygues consortium, the current stadium concessionaire based in Saint-Denis, is also bidding for the arena.
Paris Saint-Germain completed the first step toward the acquisition of a new stadium last Thursday by submitting an official multi-millionaire bid to the French government around 10 am.
With that move, the French capital club officially positioned themselves as an interested party in buying the Stade de France and taking over the venue in full.
This move, of course, follows a long and failed track of negotiations with the town hall of Paris for the acquisition of the Parc des Princes by the QSI-owned club.
The Parisian club is still far from moving to Saint-Denis, though, with significant constraints and obstacles still to overcome for such an operation to be completed.
More interestingly, PSG will have to fend off competitors for the acquisition of the Stade de France. According to RMC, a Vinci-Bouygues consortium has also positioned itself to keep control of the Stade de France as they are the current concessionaire of the 80,000-seat venue and they know the area perfectly since it has been operating it since its inauguration in 1998.
The process to define the future reserved for the Stade de France will be long and it is not expected to be completed until the end of the 2023 calendar year at the soonest.
PSG do still not know whether or not they will end up pursuing the acquisition of the Stade de France in full, as their priority is to stay put at the Parc des Princes.
Staying in their current stadium, however, is not going to be easy either. PSG want to do so under the only condition of becoming the sole owner of the venue.
At this moment, though, the negotiations between PSG and the town hall of Paris for the club to acquire the Parc des Princes are deadlocked into a no-go and not advancing at all, which forced Paris Saint-Germain to bid for the Stade de France.