Paris Saint-Germain owner Nasser Al-Khelaifi has targeted Champions League success by the year 2016.

The oil-rich Qatari has also revealed plans to build a new stadium after the European Championships have been hosted in France.

"When we arrived at PSG in June 2011, we gave ourselves five years to become part of the European elite and win the Champions League," Al-Khelaifi told Le Parisien. "So we still have three years to achieve that.

"We need to gain experience in the Champions League. The objective is to participate in it three seasons in a row to give both the players and the whole club experience of the competition.

"It's clear we'll stay until 2016 with the stadium being renovated for the European Championships. After that, PSG deserves a bigger stadium with the possibility of bringing in more people. We'll see what happens after 2016."

Parc des Princes has been home to PSG since 1974.