It’s now official, Paris FC will be bought by Bernard Arnault and Red Bull. Agache, the holding company created by the French billionaire, announced on Thursday that it had entered into exclusive negotiations to buy shares in the club. Vincent Labrune, president of the LFP, is happy with this takeover.
Accustomed to the Ligue 2the Paris FC will change era. The family Arnaultwho is one of the world’s leading fortunes, will be accompanied by Red Bullwell established in the sport for a decade. A situation which will please the supporters of the Paris FC.
“Paris FC announces that Agache is entering into exclusive negotiations”
This Thursday, the club Paris FC formalized its takeover: “ Paris FC announces that Agache is entering into exclusive negotiations with a view to acquiring a majority stake in Paris FC. Paris FC will write a new page in its rich history with the Arnault family and Red Bull, which has also entered into negotiations for the acquisition of a minority stake. Double ambition: to permanently place the men’s and women’s teams in the elite of French football and in the hearts of Parisians. »
“This is very good news”
The president of the LFP, Vincent Labruneunveiled this Thursday the new trophy of the Ligue 1. At the same time, he also reacted to the future takeover of the Paris FCwhich could send two clubs from the capital to the top of French football, as relayed by The Team : « This is very good news for French football in general and for the Championship in particular. This is probably the best news we’ve had in several months. It is completely in line with the strategic plan that we launched, which is in particular to have more major investors. The arrival of the Arnault family is a very good thing. This will give strength to our competitions and help make us less dependent on our domestic rights. »
