PSG officially bid to acquire Stade de France, leave Parc des Princes

PSG became an official candidate to acquire the Stade de France from next year on as no decision will be made until the end of the 2023 calendar year. However, the French club has already submitted their millionaire bid to purchase the venue in full and leave the Parc des Princes in favor of the nation-owned stadium.

According to RMC, the capital club's application file was submitted right in time and before the April 27, 12 pm deadline set by the French government.

After a few weeks of waiting and rumors, PSG's candidacy to take over the Stade de France finally became official. That said, this is only the first step in a long process in which PSG will need to fend off some other bidders, including a Vinci-Bouygues consortium.

Once it has brought together all those interested in a concession or transfer of the enclosure based in Saint-Denis, the French government will have to select the legitimate candidates to engage in a real call for tenders which should start in June.

There will be face-to-face meetings with the bidders, and the state will have to decide between a definitive transfer of the 80,000-seat Stade de France in full to a party, or the agreement of a new concession lease instead.

 According to RMC, "at PSG the decision to activate phase two, if its declaration of intent is validated by the State is not yet decided,” which means that this initial bid might only be a fake move by Paris Saint-Germain in order to gain some leverage in the negotiations with the local city hall of Paris for the acquisition of the Parc des Princes.

As it's been reported for ages, PSG still prioritize the Parc des Princes and staying in the stadium they've called home since the inception of the club.

The ever-reigning French champions still hope to stay at Saint-Cloud on the condition of becoming the owner of the stadium. Negotiations with the city of Paris on this subject have stalled and PSG, therefore, prefer to cover themselves by evaluating other options, although, again, this doesn't mean that it's all smoke and mirrors to ease the negotiations related to the Parc.

We'll keep an eye on this and update you on the story as we get more information.