Pair team up to acquire French second division soccer club from president and majority shareholder Pierre Ferracci.

Paris FC, the capital's second-tier soccer club, is in the process of being sold off to the Arnault family - whose head Bernard Arnault is the billionaire behind LVMH - and to the energy drinks company Red Bull,

BERNARD Arnault’s family is nearing the purchase of a majority stake in second-tier football club Paris FC, investing alongside Red Bull, as the billionaire clan diversifies into sports, sources familiar with the matter said.

According to a report by L’Équipe, Paris FC could be on the verge of being sold to Red Bull and the Arnault family who have worked together previously in Formula 1. The current president and the