French champions Paris Saint-Germain on Friday confirmed it is in the race to buy the Stade de France, the centre piece for next summer’s Olympics. 

The French government has launched a call for tenders to find a buyer at a price of around 600 million euros ($635 million) for the 81,500-seater stadium, the largest in France, whose current lease expires on July 1, 2025.

PSG’s announcement follows a hitherto unsuccessful bid by the club’s Qatari owners to buy the Parc des Princes, which has been its home for almost 50 years, from the Paris City Council to be able to expand it.

“We are candidates for the Stade de France,” a PSG source said, confirming a report in the French sports daily L’Equipe, adding that it had not yet put in its bid.

The price of the Stade de France, which was built for the 1998 World Cup finals, was estimated at 647 million euros by the French government in 2021. 

Read the full story on sportsdesk.com.mt...

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.