Behind the scenes of the Paris FC takeover

This is probably the most important news of the week for French football. Paris FC, at the top of the Ligue 2 standings, will change majority shareholder. Indeed, the second club in the French capital will soon be sold to the Arnault family, which manages the famous LVMH group, and to the Red Bull group, already established in the world of sport notably with its Formula 1 team and its football clubs. German and Austrian football. If the negotiations between the current owners of the club and the new entrants remained secret for a long time, the behind-the-scenes of the deal now seem to be known.

The rest after this ad

According to information from the economic magazine Challengesthe Saudi fund Public Investment Fund, which already owns Newcastle in the Premier League, had looked at the file. Just like two American investors represented by the former president of Olympique de Marseille, Jacques-Henri Eyraud. The fund which is in the process of buying the Red Star, led by the co-president of the Bain Capital fund, Stephen Pagliuca, owner of the Boston Celtics and Atalanta Bergamo, had also expressed interest. The negotiations with the Arnault family, for their part, “started last spring through the Rothschild bank», mandated to find a buyer by the president and owner of the club Pierre Ferracci. If the agreement is not yet completely signed, the Arnaults will acquire the highly sought-after Parisian club. A formalization should take place on October 17.