Ligue 1
335

PSG Achieves Record Revenue of $1 Billion in Previous Season

Source: www.barchart.com

Financial Highlights

Champions League titleholder Paris Saint-Germain (PSG) has announced a record revenue of €837 million (approximately $976 million) for the last season. This significant milestone was made public by the club on Tuesday.

Breakdown of Revenue

  • Matchday Revenue: €175 million;
  • Commercial Revenue: €367 million;
  • New Partnerships: Six new sponsors joined the club during the year.

The reported figures include earnings from both the men’s and women’s football teams, as well as from handball and judo teams. In contrast, the revenue for the 2023-24 season stood at €806 million, which ranked as the third highest within European football.

Success on the Field

PSG’s men’s team not only secured the domestic double but also claimed their first Champions League title, achieving a commanding 5-0 victory over Inter Milan in the final. This triumph fulfilled a long-anticipated goal for the club’s Qatari investors (QSI), who have owned PSG since June 2011.

Valuation and Market Position

As of May, Forbes valued PSG at $4.6 billion, placing them seventh on the list of the world’s most valuable football clubs. Real Madrid topped the list with a valuation of $6.75 billion, with Manchester United and FC Barcelona closely following at $6.6 billion and $5.65 billion, respectively.

Financial Challenges

Despite this impressive revenue growth, PSG faces challenges that hinder further financial expansion. The limited television revenue from Ligue 1 and the relatively small capacity of their home ground, Parc des Princes (48,000 seats), make it difficult to compete with other top European clubs.

Stadium Ownership Issues

Currently, Parc des Princes is owned by the Paris City Hall. Paris Mayor Anne Hidalgo has expressed her reluctance to sell the stadium, although she is open to discussions about its expansion. In a June interview with Le Parisien, she stated, “Our door is always open to expanding the Parc des Princes, which is owned by the City of Paris. Not to sell, but to expand.”

Plans for a new stadium that would accommodate at least 60,000 spectators are still under consideration, with potential sites in either Passy or Massy on the city’s outskirts. A decision regarding this new stadium is anticipated by autumn of next year.