The family of luxury billionaire Bernard Arnault are teaming up with Red Bull to buy a majority stake in Paris FC.
The club, based in the 13th arrondissement of the French capital, might be somewhat dwarfed by rivals PSG, but comprises of a women's side who compete in the top flight, and a men's youth academy known for producing top talent. The likes of Ibrahima Konate, Axel Disasi and Manu Kone all hail from the men's youth team, with the surrounding area widely regarded as one of the richest areas to scout talent in Europe.
A takeover will reportedly see Arnault take a stake of around 55% in the club, with Red Bull acquiring around 15%. Paris FC’s current majority shareholder Pierre Ferracci is expected to keep a 30% stake until 2027, when the Arnault family will buy his remaining share.
This might seem like a weird link up at first glance, but football is attracting more investment than ever. It’s clear Red Bull and Arnault see untapped commercial and sporting value in Paris FC and are keen to be more than just noisy neighbours to PSG.