France’s capital city might finally be about to have a second major soccer club, and a challenger to Paris Saint-Germain (PSG), with a takeover of Paris FC by the country’s richest family along with energy drinks giant Red Bull expected to be announced in the coming days.
News broke last week that talks were under way between the club’s current majority shareholder, businessman Pierre Ferracci, and the Arnault family, owners of the LVMH luxury goods conglomerate, with Red Bull expected to secure a minority stake.
The takeover could completely transform the soccer landscape in France, where the domestic league has been dominated by Paris Saint-Germain since their acquisition by Qatar Sports Investments in 2011.
Photo: AFP
It could also lead to Paris having two teams in the top flight for the first time in more than three decades, since Racing Paris were relegated in 1990.
That has created a stark soccer contrast between Paris and other major European cities, notably London, which has seven clubs in this season’s English Premier League.
Neither Paris FC nor the Arnault family offered comment when contacted last week, but a source close to the talks indicated a statement would follow in the coming days.
The same source said the Arnault family — France’s richest, with LVMH chief executive officer Bernard and his five children — would acquire a controlling stake of 55 percent, with Red Bull taking 15 percent of the club, whose badge features the Eiffel Tower, the ultimate symbol of Paris.
The remaining 30 percent would remain in the hands of Ferracci before passing over to the Arnault family in 2027.
Despite the possible challenge to PSG, their ownership welcomed the prospect of a new rival on their doorstep.
“It is great news for Paris and for French football,” was the response of Nasser al-Khelaifi last week according to the entourage of the PSG president.
Ambitions could then be sky-high for a club already primed to win promotion to Ligue 1 this season.
The involvement of Red Bull could be pivotal, given its proven success elsewhere, with its stable of soccer clubs led by UEFA Champions League regulars RB Leipzig.
Red Bull recently appointed Jurgen Klopp as head of soccer operations, meaning the former Liverpool manager could have a say in how Paris FC shape up.
Paris FC are closely related to Paris Saint-Germain.
They were formed in 1969 and quickly merged with a team from the suburb of Saint-Germain to form PSG.
There was a split in 1972. Paris FC were relegated from the top flight in 1974 and have only had one season there since, in 1978/79.
It is only in the last decade that they have become regulars again in Ligue 2, and now they top the table.
If PSG are associated with Qatar, Bahrain are the shirt sponsors of Paris FC.
Levels of investment are nowhere near the scale of what has been seen at PSG, but Paris FC still spent upwards of 1 million euros (US$1.086 million) before this season on striker Jean-Philippe Krasso from Red Star Belgrade.
They also signed former Marseille midfielder Maxime Lopez, who played in Serie A last season for Fiorentina, but appear unlikely to invest huge sums in the transfer market immediately.
“Contrary to some of the nonsense I have heard, we have absolutely no intention to spend big in the January window,” sporting director Francois Ferracci told Le Parisien.
While PSG attract more than 45,000 fans to the Parc des Princes and are considering building a bigger stadium, Paris FC’s recent home games have drawn fewer than 6,000 spectators on average.
That is despite offering free admission to matches at the Stade Charlety, an unloved 20,000-capacity venue in southern Paris.
“If we could start to get 10 to 15,000 fans at every home game that would be huge,” the team’s coach, Stephane Gilli, said in an interview published by the club.
The longer-term ambitions are clearly far greater for a club who have a notable ambassador in the shape of former PSG and Brazil star Rai.
“I want Parisians to believe that Paris deserves at least two top-flight clubs of a good level,” Rai, who holds a small stake in Paris FC, told France Info radio earlier this year.
Carlos Alcaraz on Monday powered into the French Open second round with a resounding win to start his title defense, while world No. 1 Jannik Sinner and three-time defending women’s champion Iga Swiatek also progressed at Roland Garros. Four-time Grand Slam champion Alcaraz struck 31 winners in a 6-3, 6-4, 6-2 victory over Italian qualifier Giulio Zeppieri and is to face Hungary’s Fabian Marozsan in round two. Alcaraz is now on an eight-match winning streak at the French Open and also took Olympic silver at Roland Garros last year, losing the final to Novak Djokovic. “The first round is never
TIGHT FINISH: Napoli only needed to do the same as or better than Inter, who won their game against Como 2-0 on the same day, leaving Napoli with a one-point lead The two players who Antonio Conte wanted more than any others secured Napoli their second Serie A title in three years on Friday. Scott McTominay scored with an acrobatic bicycle kick before halftime and Romelu Lukaku doubled the lead with a solo goal after the break in the decisive 2-0 home win over Cagliari. Conte became the first coach to win the Italian championship with three different teams. “Everyone contributed to this — but the coach most of all,” Napoli captain Giovanni Di Lorenzo said. “Napoli needed him to get back on top. He’s phenomenal.” Comparing it to his three Serie A titles won
The journey of Taiwan’s badminton mixed doubles duo Ye Hong-wei and Nicole Chan at the Malaysia Masters in Kuala Lumpur came to an end in the semi-finals yesterday after they suffered a 2-0 loss to China’s Feng Yanzhe and Huang Dongping. Ye, 25, and Chan, 20, teamed up last year and are currently ranked No. 23 in the world. The Taiwanese shuttlers took on China’s second seeds in the mixed doubles event, but proved no match for Feng and Huang, losing the match 10-21, 7-21. In the first half of the first game, the pairings were neck and neck at 6-7 until Ye
SSC Napoli coach Antonio Conte has dragged the team back from disaster and restored them to the top of Italian Serie A, but his future at the Scudetto winners is in doubt even after a triumphant season. The fiery 55-year-old has exceeded preseason expectations and bolstered his reputation as a serial winner by guiding Napoli to their fourth Scudetto, and second in three seasons. However, he might well be on his way in the summer after just one season at the helm as his charged relationship with Napoli owner Aurelio De Laurentiis has simmered throughout the campaign. Conte has said