The Arnault family, owners of the luxury giant LVMHit confirmed Thursday that it is maintaining “exclusive negotiations” to acquire the Paris FC, currently in the second division, with the goal of taking him “to the top of the French football table.” What until now the leaks have taken on an official character, giving the green light to the landing of the richest family in France in the world of football.
In a statement, the Agache Financial, which manages the family’s private interests outside LVMH, has confirmed that it will take a majority stake in the club, while Red Bull will be its sporting partner with a minority stake.
Antoine, second son of Bernard Arnault, The patriarch and main shareholder of LVMH, considered the country’s first fortune, will be in charge by sitting on the club’s board of directors.
In his first reaction, the heir, who already has important roles within the group, as general director of Christian Dior, He was cautious about the family’s ambition in the world of football: “We hope to write a good page of French football without setting specific goals. Sport sometimes holds many surprises.”
Company sources told EFE that the Arnaults will have 55% of Paris FC and they will take care of the business part, meanwhile Red Bull He will take 15%, bringing his experience in the world of football from his past in Austria, Germany, Brazil and the United States, with clubs such as Salzburg, Leipzig, New York and Bragantino.
Olivier Mintzlaffgeneral director of the energy drinks group, pointed out that they will seek to crystallize the “exceptional talent” that exists in the Paris region, which they will seek to crystallize in a local club.
The current owner of Paris FC, Pierre Ferracci, who will retain 30% of the club until 2027, will continue to lead and consider the arrival of these investors “hopeful.”
But no one dared to say whether Arnaults ambition was aimed at making Paris FC a competitor paris saint germain, owned by a Qatari sovereign fund, which would require significant investment, or simply create a second important club in the capital.
Its great rival in the world of luxury, the magnate François Pinault, Owner of another large luxury group, Kering, he was at the helm of Rennes for many years, without injecting large amounts of money into the Breton club.
But in France, the movements of Arnault They are closely followed and there is hope that a city like Paris can have two great clubs of European dimension.
Paris FC, created in 1969 and lived in the modest neighborhoods of the capital, it gained popularity with popular initiatives such as offering free tickets or betting on women’s soccer, whose team plays in the elite of French soccer.
The new owners confirm that they want to preserve “the identity of Paris FC, its values and their popular dimension“, but points to a “change of dimension to pursue new achievements.”
The new shareholder wants to “progressively return the men’s team to the elite”, something they also want to keep in the women’s team: “On the path of his great last years, he was called continue to progress to join the top of French footballat the same time it will begin to write a new history on a European scale”.
Source: La Verdad
I am Shawn Partain, a journalist and content creator working for the Today Times Live. I specialize in sports journalism, writing articles that cover major sporting events and news stories. With a passion for storytelling and an eye for detail, I strive to be accurate and insightful in my work.
