Saudi Arabia’s offensive for a takeover, OM is snubbed!

Saudi Arabia’s offensive for a takeover, OM is snubbed!
Saudi Arabia’s offensive for a takeover, OM is snubbed!
Bernard Colas

Journalist

Passionate about sport, cinema and television (on screen as well as behind) since his childhood, Bernard has been a journalist for 10 Sport since 2018. More skilful with the keyboard in hand than with the ball on his feet, he decides to mainly cover a beloved sport, criticized and hated at the same time () and a sport that is not one (wrestling).

An important change is taking shape in French football with the takeover of the Football Club by the Arnault family, the third largest fortune in the world, and the Red Bull group. But other buyers were interested in the capital club playing in Ligue 2, particularly in Saudi Arabia, which has been associated with OM for several years.

The PSG could soon see a serious rival arrive in Ligue 1. Still in the second division, the PFC will change ownership and be bought by the family Arnault (LVMH), which will initially take 55% of the shares before recovering an additional 30% by 2027, and by Red Bulltaking approximately 15% of the capital. A very big blow from Pierre Ferraccipresident and owner of Paris FCnot lacking in courtiers.

Saudi Arabia looked at the PFC file

As revealed by the economic weekly ChallengesSaudi Arabia was particularly eyeing the Paris FC through the fund Public Investment Fundwho got his hands on Newcastle in Premier League. In recent years, the Gulf country has often been associated with loonrumors which persist despite the numerous denials of Frank McCourtowner of the team, and his entourage.

“I confirm that Saudi funds have approached us, but…”

Saudi Arabia therefore moved, but for another club. Interviewed last month by The Team, Pierre Ferracci had confirmed the Saudi offensive: “ I confirm that Saudi funds approached us but the criteria were clear: we want French and/or European investors, who respect the DNA of Paris FC and its popular roots, who rely heavily on training, who continue to develop the diversity, with a significant effort on women’s football ».

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