The Arnault family, owners of LVMH, is set to acquire a majority stake in Paris FC, aiming for a long-term sporting turnaround rather than immediate financial gains. Partnering with Red Bull, they plan to enhance the club's infrastructure and values, aspiring to elevate it to League One while emphasizing a patient approach to success.
Antoine Arnault, heir to the LVMH luxury empire, aims to elevate Paris FC, a second-tier football club, to compete with the Qatar-backed Paris Saint-Germain. His takeover comes at a crucial time for French football, which faces financial struggles, a lackluster media deal, and ongoing internal conflicts.
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