Paris Saint-Germain’s Qatari owners could decide to demolish the club’s famous Parc des Princes home, the French side’s former majority shareholder Sebastien Bazin revealed yesterday.

Bazin owned PSG via his Colony Capital investment arm before selling 70 per cent of his stake to Qatar Sports Investments (QSI) last summer.

QSI acquired the remaining 30 per cent of Colony’s stake earlier this month, but Colony’s name is still due to appear alongside that of QSI on the next lease of the Parc des Princes by the stadium’s owner, Paris city council.

That lease is due to be agreed before any renovation work begins to improve the venue ahead of Euro 2016, which France will host.

Bazin acknowledged that there are several options open to the club, ranging from renovating the Parc des Princes and maintaining its current capacity, to knocking down the stadium and building an entirely new venue on the site.

QSI could also choose to move the club to the 80,000-seat Stade de France, France’s national stadium which is situated in the northern Paris suburb of Saint-Denis, although that would be a deeply unpopular decision with fans.

“We have a very clear agreement with (construction company) Vinci and PSG to study all possibilities regarding the Parc des Princes site and to find the most compatible solution for QSI,” said Bazin.

“Demolishing the ground is an option. But is it something we would recommend? That is the major issue. The only option that I refuse to entertain is that of moving PSG to the Stade de France.

“I think that the Qataris will stay at the Parc des Princes, (but) when we sold the club, they gave us no assurances about staying at the Parc des Princes.”