Paris FC, Red Bull and Bernard Arnault
Bernard Arnault partners with Red Bull to buy Paris FC in latest move into sport
The family of LVMH’s Bernard Arnault has teamed up with Red Bull to take over Paris FC in the second tier of French football as the luxury billionaire expands his involvement in sport.
France's Arnault family and Red Bull to buy stakes in Paris FC, reports L'Equipe
Paris FC, the capital's second-tier soccer club, is in the process of being sold off to the Arnault family - whose head Bernard Arnault is the billionaire behind LVMH - and to the energy drinks company Red Bull,
Paris FC valued at more than €90m as Arnault family and Red Bull close in on takeover
Pair team up to acquire French second division soccer club from president and majority shareholder Pierre Ferracci.
Bernard Arnault poised to buy Paris FC football club with Red Bull
BERNARD Arnault’s family is nearing the purchase of a majority stake in second-tier football club Paris FC, investing alongside Red Bull, as the billionaire clan diversifies into sports, sources familiar with the matter said.
Arnault Family Poised to Buy Majority Stake in Paris Soccer Club
The acquisition would set the stage for a face-off between two soccer clubs owned by rival French luxury groups.
LVMH and Red Bull to acquire stakes in Paris FC
The Arnault family, owners of the LVMH French luxury goods conglomerate, and Austrian energy drinks giant Red Bull are finalizing a deal to acquire French second-tier soccer club Paris FC. The Ligue 2 side’s current majority shareholder Pierre Ferracci will sell a stake of between 55-56% to the Arnault family,
Paris FC could be sold to Red Bull and Arnault family
According to a report by L’Équipe, Paris FC could be on the verge of being sold to Red Bull and the Arnault family who have worked together previously in Formula 1. The current president and the
Europe's richest person is about to buy a soccer club with Paris FC deal
LVMH's expansion into sports continues as Bernard Arnault's family plans a 55% stake in Paris FC.
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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%.