Paris FC, Red Bull and Bernard Arnault
LVMH's expansion into sports continues as Bernard Arnault's family plans a 55% stake in Paris FC.
Red Bull are set to purchase Paris FC, in a move that will put them under the remit of Jurgen Klopp in his new role.
Paris FC, the leader of the French Second Division, is on the verge of being jointly bought by Red Bull and the Arnault ...
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Paris FC is in the process of being partially acquired by the Arnault family and Red Bull. The Arnault family is expected to acquire a 55-56% stake, while Red Bull will obtain approximately 15%.