Paris, Oct 17, 2024 (AFP) - France's richest family, Red Bull in exclusive talks for Paris FC takeover

NAMPA / AFP

2024-10-17

The Arnault family, owners of the LVMH luxury goods conglomerate, are in "exclusive negotiations" to buy a controlling stake in French football club Paris FC in a deal that will see energy drinks giant Red Bull secure a minority shareholding. The Agache group, which is controlled by LVMH CEO Bernard Arnault, said in a statement that it hoped to transform the French capital's second professional club into one of the country's leading sides. Paris......

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