Soccer-PSG impressed by Los Angeles because it units out to construct new stadium

LOS ANGELES, – Paris St Germain is drawing inspiration from the success of latest state-of-the-art venues in Los Angeles because the Champions League title winners start the method of constructing a brand new stadium for the crew, CEO Victoriano Melero mentioned.

PSG has outgrown the 48,000-capacity Parc des Princes, and crew officers will spend a 12 months finding out potential websites in Massy and Poissy with an eye fixed towards providing quite a lot of leisure choices, Melero mentioned.

“The next challenge is a new stadium,” Melero instructed Reuters in Los Angeles forward of PSG’s Club World Cup match on Sunday in Pasadena.

“For one year we’re going to go into an analysis and make a choice for our future, and we’re inspired by what is going on in the U.S. with sports facilities,” he mentioned.

“One example here is SoFi Stadium. It’s incredible and much more than a sports facility – it really is part of entertainment and shows. So that is what we really want to push to diversify our revenue.”

SoFi Stadium, a technological marvel that opened in 2020, is house to the NFL’s Rams and Chargers and has hosted concert events by artists like Taylor Swift and Beyonce. It will play a key position in subsequent summer time’s World Cup and the 2028 Los Angeles Olympics.

The $5 billion stadium is positioned in Hollywood Park, a rising business and residential space. The 70,000-capacity indoor-outdoor stadium sits subsequent to Intuit Dome, the high-tech NBA area that opened final 12 months.

PSG is Massy, south of Paris, and Poissy, west of the French capital, as potential websites for a brand new stadium. The crew will play Parc des Princes for the foreseeable future whereas the brand new stadium is constructed.

U.S. followers and traders have performed an important position within the beautiful success of the membership each on and off the sector, mentioned Adrien Frier, the French consul-general in Los Angeles.

“Paris St Germain is what you would call in the tech sector a unicorn, and it’s a unicorn that has some American blood in it,” he mentioned at a reception honoring the crew in Beverly Hills, the place the Champions League trophy was on show.

PSG has an estimated 5 million followers within the U.S. and has benefited from its high-profile partnership with Nike’s iconic Air Jordan model.

U.S.-based Arctos Partners holds 12.5% of the shares of the crew, with majority proprietor Qatar Sports Investments proudly owning the remaining 87.5% for a membership that’s valued at $4.4 billion.

Melero mentioned the crew’s ambitions are solely rising.

“We wrote the story of the club with that cup,” he mentioned, gesturing towards the gleaming trophy.

“And right now the next move is to write the story of football with this very young team.”

This article was generated from an automatic information company feed with out modifications to textual content.

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