Paris FC: From the Pitch to New Ownership

Paris FC is in the process of being partially acquired by the Arnault family and Red Bull. The Arnault family is expected to acquire a 55-56% stake, while Red Bull will obtain approximately 15%. Current majority shareholder Pierre Ferracci will retain around 30% of his shares.


Devdiscourse News Desk | Paris | Updated: 09-10-2024 22:57 IST | Created: 09-10-2024 22:57 IST
Paris FC: From the Pitch to New Ownership
  • Country:
  • France

Paris FC, the capital's second-tier soccer club, is set to undergo a significant ownership change with the Arnault family and Red Bull reportedly buying large stakes in the team. Bernard Arnault, head of the family, is known for leading LVMH's global luxury empire.

According to L'Equipe, the Arnault family stands to secure a controlling interest of 55-56%, while Red Bull will claim a 15% share. Current majority stakeholder Pierre Ferracci will hold onto about 30% of his previous ownership.

The Arnault family did not comment on these reports, and attempts to reach Paris FC representatives were unsuccessful. Despite playing at Stade Charlety, Paris FC is overshadowed by local giants Paris Saint Germain, current Ligue 1 title bearers and regulars in the UEFA Champions League.

(With inputs from agencies.)

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