Red Bull are set to purchase Paris FC, in a move that will put them under the remit of Jurgen Klopp in his new role.

Armed with their new global head of soccer Jurgen Klopp, Red Bull are poised to add a sixth club to their growing football ownership portfolio as the Austrian energy drink giants eye a position in Ligue 2 club Paris FC.

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. Arnault and his five adult children,

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,