Paris mayor knocks PSG over ‘ridiculous’ €38m offer for Parc des Princes stadium

<p>Paris Saint-Germain (PSG) has been criticized by the mayor of Paris, Anne Hidalgo, for submitting a “ridiculous” offer to purchase the Parc des Princes stadium, which is owned by the city.</p>, <p>PSG, who have a 30-year tenancy agreement with the stadium, are seeking to acquire the site before expanding their operations.</p>, <p>The club has proposed to pay €38 million to buy the stadium, but the mayor has dismissed the offer as insufficient. PSG has also shown interest in buying the Stade de France, as they are in search of a larger home to match their ambitions.</p>, <p>L’Equipe has reported that the club will formally express their interest in buying the stadium. Currently, Parc des Princes, which can seat nearly 48,000 spectators, does not meet the club’s requirements for expansion.</p>, <p>Speaking to French broadcaster RFI, Hidalgo said: “We had opened the door to the possibility of selling the stadium to our club.</p>, <p>“It is true that in the economic model of the big clubs, they are almost all owners and of course we have look at this argument.</p>, <p>ALSO READ; Pelé officially becomes an adjective in Brazilian dictionary</p>, <p>“To sell, you had to respect the rules, because the stadium belongs to the Parisians, it does not belong to me.</p>, <p>“We are in a state of law, so there are procedures and we have to set prices that must correspond to the good. The club offered €38million. I think ridiculous is the right word. There is no longer any possible path.</p>, <p>ALSO READ: Arteta defiant over Arsenal’s title hopes despite Man City loss</p>, <p>According to reports, French President Emmanuel Macron has discussed the possibility of FIFA buying the Stade de France, a move that would be surprising but still possible.</p>, <p>The mayor of Paris, Anne Hidalgo, does not expect PSG to leave the Parc des Princes and move to the Stade de France, despite the club’s interest in acquiring it.</p>, <p>PSG’s Qatari owners have invested heavily in the team, turning them into France’s top team with big-name p