LVMH's Arnault family in exclusive talks with Red Bull to acquire majority stake in Paris FC, aiming to boost club status and challenge Paris Saint-Germain.

The Arnault family, owners of luxury conglomerate LVMH, are in exclusive negotiations to acquire a majority stake in second-division soccer club Paris FC, with energy drink giant Red Bull taking a minority share. This move aims to elevate Paris FC's men's and women's teams and challenge the dominance of Paris Saint-Germain. The takeover could significantly alter the French football landscape, providing new resources and visibility for the club.

October 17, 2024
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