Economic Success : PSG Soars Even Higher Without Neymar and Messi
According to Le Parisien, PSG is immune to financial crises, and various factors explain this economic success, even after the departure of stars Neymar and Messi.
Everything is going well at PSG, not necessarily on the sports front, but in business. The club ranks 3rd in Europe in terms of revenue, with nearly 800 million euros for the 2022-2023 season. This represents a staggering 23% increase in just one season, and Paris shows no signs of slowing down.
Le Parisien reports that the club, which let go of high salaries like Neymar, Messi, Ramos, and Verratti last summer, is set to break records. The entry of Arctos Partners into the capital to further develop the club will also impact revenues.
In terms of players, the arrival of Kang-In Lee is expected to boost revenues: « He has brought another type of very interesting audience for the club, » insiders revealed to Le Parisien.
However, PSG is also raking in a lot of money through its partners, with a total of 38 sponsors, all tied for at least three seasons.
Now, the focus is on stadium development. PSG is seeking new revenues by expanding offerings during matches or outside the stadium. Whether in the renovated Parc des Princes or a new stadium, PSG aims to generate record revenues in the coming years.