, the holding group controled by the family of luxury magnate Bernard Arnault, announced Thursday it had entered into exclusive negotiations to buy a majority stake in the, Red Bull is also in negotiations for a minority stake. The terms of the deals and ownership percentages at stake were not disclosed.Football Club , is owned by French businessman Pierre Ferracci, who is set to remain as the club’s president and among its shareholders.
Ferracci would then retain 30 percent. Although the businessman, who told French sports media he wants to retire by the end of the 2026-2027 season, is expected to sell it to Agache. In addition to Paris FC’s men’s team having French and European championships in its sights, the club’s ambition is to develop its women’s team strongly.
Calling the offer by Agache and Red Bull “a unique opportunity immediately accepted and welcomed with the greatest enthusiasm,” Ferracci lauded the Arnault family as “astute investors who know how to make long-term commitments and show the greatest respect for the unique history of each of their maisons.”