‘Wings to Football’ Will Red Bull and the Arnault Family Buy Paris FC? Here’s What We Know
Red Bull and the Arnault family are reportedly in negotiations to purchase a majority stake in Paris FC, currently leading France's Second Division.
Paris FC, the current leader of the French Second Division, is on the verge of a significant ownership change with the potential acquisition by Red Bull and the Arnault family, known for their ownership of luxury conglomerate LVMH. According to reports from L’Equipe, the Arnault family is expected to acquire around 55% of the club's shares, while Red Bull would obtain 15%. This transition is anticipated to reshape the management and financial backing of the club, although specific financial details about the deal have not been disclosed.
The discussions regarding this acquisition have been ongoing since April, reflecting a desire from current president Pierre Ferracci to find a suitable exit strategy that aligns with his vision for the club. Ferracci intends to ensure that Paris FC remains under the stewardship of a French or European investor. This careful consideration has prolonged negotiations, particularly as they involve minority shareholders, including representatives from Bahrain, complicating the divestment process.
If successful, this acquisition could significantly influence Paris FC's strategy and aspirations for promotion to Ligue 1, enhancing the club's competitiveness in French football. The participation of both Red Bull, known for its involvement in sports investments, and the Arnault family could potentially provide the financial and managerial resources necessary to elevate the club’s status, aligning with the ambitions of its current leadership and stakeholders.