France’s most successful soccer team could relocate to the country’s biggest stadium.

Paris Saint-Germain said Friday that it would submit a bid for the 80,000-capacity Stade de France.

The Ligue 1 champions are at a standstill with the Parisian government over their current home, Parc des Princes. The team, owned by the state-run Qatar Sports Investments, has said that it wants to invest $540 million in renovations but will only do so if it owns the venue.

Paris mayor Anne Hidalgo replied that Parc des Princes — where PSG has played since 1974 — is not for sale.

The opposite appears to be the case for Stade de France, which is owned by the national government. The stadium could be valued between $426.9 million and $640.4 million, per Le Figaro.

The venue hosted the 1998 World Cup final and three Champions League finals since 2000.

However, there will likely be competition from FIFA, which has explored purchasing the stadium. The French government will reportedly be open to proposals starting on Monday.

Stade de France’s lease is held in a consortium of French industrial companies Vinci and Bouygues. A stadium buyout would likely only become official after 2025.

Allbirds is no longer soaring.

For the first time in its history, the company failed to post year-over-year quarterly sales growth. The footwear and apparel company recorded $84.18 million in fourth-quarter revenue, a 13% year-over-year decline from $97.2 million — and missing analysts’ estimates of $96.8 million.

The company attributed the decline to “a decrease in the number of orders and an estimated $3.2 million negative impact from foreign exchange.”

Allbirds’ net loss widened to $24.9 million in the fourth quarter and $101.4 million in its first full year as a public company.

Revenue for the full year increased 7.3% to $297.8 million — up 35.8% from 2020. In the U.S., net revenue increased 9.5% to $229.8 million.

Joey Zwillinger, Allbirds’ co-founder and co-CEO, told CNBC that its poor performance is partially attributed to losing “sight of what our core consumer fell in love with us for in the first place” — a reference to the company’s deeper dive into high-performance running products.

In its earnings release, Allbirds revealed a new transformation plan that includes optimizing U.S. stores and slowing the pace of openings, improving cost savings and capital efficiency, reigniting products and the brand, and evaluating the transition of “international go-to-market strategy.”

The company has more than 50 stores in over 35 countries.

For the first quarter of 2023, Allbirds expects a 20% to 28% year-over-year decline in revenue to $45 million to $50 million.

A plan to deliver a state windfall to the Milwaukee Brewers is dead, but legislators expressed optimism that a deal can be done.

Wisconsin Gov. Tony Evers, a Democrat, had proposed providing $290 million from a budget surplus to fund repairs at the team’s American Family Field. In exchange, the team would commit to an additional 13 years on its lease, extending it to 2043. 

That proposal appears to be blocked in the state’s Republican-controlled legislature. 

“I’m not sure the amount of time he’s asking the team to stay here is correct,” state Assembly Speaker Robin Vos told reporters. “I think the deal that he cut is not a very good one for the taxpayer.”

Vos had previously referred to Evers’ proposal as a “bomb in the budget.”

The stadium is financed and managed by a five-county stadium district. It was previously funded by a 0.1% sales tax within those counties that expired in March 2020. 

Optimism remains for an eventual deal to provide fixes to the stadium’s retractable roof and ensure that the Brewers stay put.

New Name for the Nest

Elsewhere in MLB, the Baltimore Orioles are planning to keep their stadium’s iconic “Camden Yards” moniker, but could sell naming rights to their field.

The team could garner $6 million to $8 million for the field name, which would likely be followed by “at Camden Yards.”

Even amid financial troubles and allegations that it bribed referees, FC Barcelona sits at the top of the La Liga table — and continues to find ways to spend.

The club is currently preparing a $265 million “super” economic lever that would allow it to alleviate its financial woes and sign new players over the summer.

The main feature would be a 49% sale of Barca Licensing & Merchandising — a deal that almost happened last summer for $211.5 million when a consortium led by Fanatics and Investindustrial almost purchased the share.

Barcelona president Joan Laporta popularized the term “lever” ahead of last season, when the club sold portions of its future TV rights to fund a $167 million spending spree on players such as Robert Lewandowski — who leads La Liga with 15 goals.

Even if this new super-lever comes to pass, the club may not be able to avoid controversy — economic or otherwise.

Following a formal investigation that began earlier this week, Spanish authorities announced that they are charging Barcelona with corruption in connection to payments made to former vice president of La Liga’s refereeing committee Jose Maria Enriquez Negreira, who was also charged with corruption.

Former club presidents Josep Maria Bartomeu (2014-2020) and Sandro Rosell (2010-2014) are also facing individual corruption charges.