HomeSportsPSG Reports Record Turnover Amid Stadium Growth Concerns

PSG Reports Record Turnover Amid Stadium Growth Concerns

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Paris Saint-Germain (PSG), the reigning European champions, have announced a record turnover of 837 million euros ($975.6m) for the last season. Despite concerns about their stadium size limiting their growth, the Qatar-owned club hailed the 2024/25 season as historic both in sporting achievements and financial success.

During this season, which saw PSG clinch their first Champions League title, the club reported that their commercial revenue reached 367 million euros, while matchday income, which includes ticket sales and hospitality, amounted to 175 million euros. The total turnover of 837 million euros was a slight increase from the previous season’s 806 million euros when Real Madrid broke the billion-euro revenue mark.

In the Deloitte Football Money League for the 2023/24 season, PSG ranked third, behind Real Madrid and Manchester City. The club highlighted the growth since the Qatar Sports Investments (QSI) takeover in 2011, noting that turnover back then was only 99 million euros. PSG emphasized the successful economic model and the club’s transformation into one of the most valuable sports brands globally.

Notably, player salary spending decreased significantly after the departures of key players like Kylian Mbappe, Neymar, and Lionel Messi in 2023 and 2024. PSG stated that the percentage of turnover allocated to wages dropped from 111 percent to below 65 percent.

However, PSG faces challenges for further growth due to the financial landscape of French football and the restricted capacity of their stadium. While the club earned substantial prize money from their Champions League victory and Club World Cup run, Ligue 1’s broadcasting income declined following a TV deal collapse. PSG is exploring strategies to boost matchday revenue, including potential relocation from their current 48,000-capacity Parc des Princes stadium.

PSG acknowledged that despite playing in a smaller venue, they can compete with Europe’s top clubs but stressed the need for innovation to sustain growth. The club is evaluating options to move to a larger venue in the Paris suburbs, with potential sites in Massy to the south and Poissy to the north-west, where PSG recently inaugurated a new training facility.

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