The Louis Vuitton group has officially acquired Paris FC. After weeks of negotiations, the operation was formalized today and sees Agache sport, the holding company of the family of Bernard Arnault – CEO of LVMH, the largest French company – becoming the main shareholder of the Parisian football team. The announcement was made by the club itself: in the new corporate structure, which also includes Red Bull with 10.6%, Arnault holds the majority with 52.4%. “With the arrival of Agache Sports and Red Bull, Paris FC gives itself the means to set ambitious goals – the comment of Pierre Ferracci, former majority shareholder however confirmed in his role as president – Respecting its identity and its values the Paris FC will continue to move forward for the benefit of its training centers and its first teams, women’s and men’s.
The adventure continues and it will be very beautiful.” “A new board of directors has been established, which reflects the majority position of the Arnault family and the presence of Red Bull”, underlines in the note the club, current leader of Ligue 2.
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