Paris FC: Arnault family (LVMH) to become majority shareholder (55%) alongside Red Bull (15%)

News Tank Football - Paris - News #340603 - Published on
©  LVMH
Bernard Arnault, chairman and CEO of LVMH - ©  LVMH

The family of French business leader Bernard Arnault, owner of luxury goods group LVMH, will shortly become the new majority shareholder in Paris FC (Ligue 2 BKT) with a stake of around 55%, alongside Austrian energy drinks company Red Bull, which will acquire 15% of the club, according to L'Equipe on 09/10/2024.

As part of the deal, Pierre Ferracci, who has owned the club since 2012, will reduce his stake to 30% until the 2026-27 season, when his shares will be sold to the Arnault family (who will then own 85% of Paris FC). At the same time, the Kingdom of Bahrain, BRI Sports Holdings, Noah Football Group and Sport Bridges Venture will leave the club's shareholding structure.

"Over the last few weeks, we have selected three serious leads, including one that was brought to me by a local bank. And we're now in the home stretch. I'm at a point in my professional life where the question of passing on the baton arises. Last summer, my two sons and I agreed in principle that we would sell our entire stake in Paris FC at the end of the 2026-27 season, at which point I will step down as…

©  LVMH
Bernard Arnault, chairman and CEO of LVMH - ©  LVMH

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