Paris could enter a new era of football, which would soon lead to a classic between superpowers.
The company Agache, owned by the Arno family, owner of LVMH and the richest in Europe, announced today that it has carried out the “exclusive negotiations to acquire a majority stake in Paris FC”.
They are Paris’ second team, first in the Ligue 2 table and aiming to be promoted to the French top flight by the end of the season.
At the same time, Red Bull “There were also negotiations to acquire a minority stake”as stated in the press release.
According to a source close to the matter, the Arno family is expected to initially acquire 55% of the club, while Red Bull will acquire 15%.
The club’s current president, 72-year-old businessman Pierre Ferraci, will maintain 30% of the capital until 2027, when he will sell his stake to the Arnaud family, who will now own 85% of the club, again in line with the same sources.
The initiative will mark a turning point for Parisian football, which has so far seen Paris Saint-Germain dominate almost unopposed not only in the city, but in almost all recent French leagues, with the exception of the successful years of Monaco and Lille .
But with the new Paris, led by Arno and Redbull, the situation would evolve into a classic between football billionaires (and beyond).
“With the arrival of Agache as majority shareholder, the club will change size and seek new successes”states the press release.
The holding intends to gradually bring the men’s team back to the football elite and at the same time have the same ambition for the women’s team, which is already competing in the first division.
Agache “will be based on current teams” and current president Ferrasi will continue in his position.
“With our support and the valuable support of our partner Red Bull, we hope to write together a new and beautiful page of French football, without setting specific objectives for now. Sports tend to bring a lot of surprises!”said Antoine Arnaud, Agache’s future representative on the Paris council.
Red Bull, in turn, brings experience in sports management, already having several football clubs in its portfolio, including Leipzig in Germany and Salzburg in Austria.
Squat will bring “all your experience in financial development and long-term brand promotion”while Red Bull “will focus mainly on the sporting aspect in a consultative role, from promoting the discovery of new talents for the training center”.
naftemporiki.gr