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    • The French Arnault family and Red Bull are buying shares in Paris FC, reports L'Equipe
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    The French Arnault family and Red Bull are buying shares in Paris FC, reports L'Equipe

    Kathleen William Posted on

    Item 1 of 2 Soccer – Women's Champions League – Second Round – First Leg – Paris FC v Manchester City – Stade Charlety, Paris, France – September 18, 2024 Kessya Bussy and her Paris FC teammates warm up before the match REUTERS/Stephanie Lecocq/archive photo

    (1/2)Soccer Football – Women's Champions League – Second Round – First Leg – Paris FC v Manchester City – Stade Charlety, Paris, France – September 18, 2024 Kessya Bussy and her Paris FC teammates warm up before the match REUTERS/Stephanie Lecocq/File Photo License acquire rightopens new tab
    PARIS, Oct 9 (Reuters) – Paris FC, the capital's second-tier soccer club, is currently being sold to the Arnault family – whose head Bernard Arnault is the billionaire behind LVMH (LVMH.PA)opens new tab – and to the energy drink manufacturer Red Bull, the newspaper L'Equipe reported.

    L'Equipe, citing its own sources, said the Arnault family would acquire a 55% to 56% stake in Paris FC, while Red Bull would get around 15%. Paris FC's current majority shareholder, Pierre Ferracci, would retain a stake of around 30%.

    The Arnault family declined to comment on the report, while Paris FC officials could not immediately be reached for comment.

    Paris FC, which plays at the Stade Charlety in the south of the city, is dwarfed in reputation and fan numbers by Paris Saint Germain (PSG) – the reigning Ligue 1 champions who regularly play in Europe's top flight, the Champions League.

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    Reporting by Zhifan Liu; Edited by Sudip Kar-Gupta/Jean Terzian

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    Kathleen William
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