The Arnault family and Red Bull become majority shareholders of Paris FC. The leading club in Ligue 2 is preparing to change dimension.
- Paris FC will be bought by the family holding company of the Arnault family, the third largest fortune in the world, which will enter into exclusive negotiations next week to acquire the majority of shares in the Parisian club, i.e. 55-56% of the capital, according to a information noted by the Team.
- The energy drink brand Red Bull will also be the footballing sponsor of the second Parisian club, becoming a minority partner of the club, up to 15%. The Arnault family, who have just invested massively in Formula 1, were talking with Red Bull, owner of the dominant team. The two entities wanted to invest together in football and the desire to open up the capital of Paris FC by its president, Pierre Ferracci, allowed the two powerful players to unite around a strong brand.
- At present, no change of coach or management team is in place. But reinforcements “far from Ligue 2 standards” are expected for the winter transfer window, confides a source close to the matter. Antoine Arnault, the son of Bernard Arnault, would be at the heart of the project. Passionate about football, the current president of Berluti and Loro Piana and supporter of PSG has always wanted to invest in a football club. Members of the Arnault family would invest on a personal basis, and not via LVMH, even if the luxury group may be required to sponsor the PFC.
Also read : Jensen Huang’s net worth rises by $4 billion after Nvidia’s 4% rise
Related News :