Bernard Arnault, head of LVMH and ranked the richest man in the world, is preparing to make his entry into the world of football by buying Paris FC.
With the support from Red Bull and great ambitions, this risks shaking up the landscape of Parisian football. This takeover by the Arnault family is indeed seen as a real earthquake. Does the PSG has something to worry about ?
Bernard Arnault gives new impetus to Paris FC
By taking back control of Paris FC, Bernard Arnault will give a serious boost to this leader of Ligue 2. So serious that the club risks becoming a dangerous competitor for Paris Saint-Germain in the years to come. Even if the acquisition is carried out under the name of the Arnault family and not directly by LVMH, their fortune is still estimated at 190 billion dollars.
And the family has ambitious plans for Paris FC. She plans to inject between 100 and 200 million euros each season, according to information from our colleagues at The team. The goal? Lift Paris FC into Ligue 1 and in the longer term into the Champions League. So, indeed, things could well change in the world of Parisian football. PSG will not reign much longer in sole master of the capital.
With this change of ownership, Paris FC is hoping for a new lease of life and it is obvious that with the funds injected, it will be able to benefit from greater visibility. The recruitment of Jürgen Klopp also contributes to this development.
The Arnault family has no not yet formalized the buyoutbut it shouldn’t be long. The first discussions began in April and the Negotiations were visibly intense.
Parisian football is therefore moving towards a new era and we may hear about it in the coming months. It’s the end of one adventure and the beginning of another. Bernard Arnault’s project is taking shape little by little, but the objective of competing with PSG is clear.
The rise of Paris FC in Ligue 1 is beyond doubt and appears to be just one simple question of time. In any case, football fans can expect a strong atmosphere between the two clubs and they will of course be there!
