Paris Saint-Germain are approaching a major milestone in their search for a new stadium, with three locations still under consideration ahead of a year-end deadline.
The French champions want a venue capable of accommodating up to 70,000 supporters and unlocking greater commercial revenue, but their eventual decision could have major implications for the club's identity and future finances.
PSG approach next stage of new stadium plans
PSG representatives, including chief executive Victoriano Melero, have held meetings with officials from all three locations under consideration – Parc des Princes in Paris, Poissy and Massy.
The discussions have focused on pre-investment studies, the characteristics of each site and the next steps required to develop the project. PSG intends to select a preferred location for further analysis by the end of 2026, although this will not constitute a final investment decision.
Parc des Princes, which holds around 48,000 spectators, remains an option after Paris's new administration showed greater willingness to discuss a potential sale.
PSG previously made redevelopment conditional on acquiring ownership of the stadium, but disagreements with the former city leadership prompted the club to explore alternatives outside the capital.
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Poissy offers greater freedom to develop a larger venue, with automotive group Stellantis backing the potential use of its land. However, infrastructure requirements and uncertainty over the timing of necessary works present significant challenges.
Massy is also in contention, although a proposed local referendum could complicate the process.
PSG is targeting a capacity of approximately 60,000 to 70,000, with increased ticketing, hospitality and non-football revenue central to the plans.
Transport infrastructure and financing will be major considerations regardless of the location, while supporters from Collectif Ultras Paris have repeatedly voiced opposition to leaving Parc des Princes.
Further procedures, including a public debate involving France's National Commission for Public Debate, will follow the initial site selection, meaning construction remains several years away.
FGG says: PSG must combine ambition with identity in new stadium plans
PSG's ambition to increase capacity is understandable, particularly with demand for matches continuing to exceed the limits of their current home.
A larger stadium could provide more ticketing and hospitality income while also creating opportunities to host other major events. However, the decision involves much more than choosing the biggest available site.
A move outside Paris could offer greater development freedom, but the cost of transport links and supporting infrastructure could substantially increase the overall investment.
Staying at Parc des Princes would preserve a direct connection with the club's history, although expanding a stadium in its existing surroundings presents its own challenges.
The real test will be delivering a financially sustainable project without losing sight of what makes PSG's home special to its supporters.