France's Arnault family and Red Bull to buy stakes in Paris FC, reports L'Equipe

FILE PHOTO: Soccer Football - Women's Champions League - Second Round - First Leg - Paris FC v Manchester City - Stade Charlety, Paris, France - September 18, 2024 Paris FC's Kessya Bussy and teammates during the warm up before the match REUTERS/Stephanie Lecocq/File photo

PARIS (Reuters) - 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, reported L'Equipe paper.

L'Equipe, citing its own sources, said the Arnault family would buy a stake of between 55-56% in Paris FC while Red Bull would get around 15%. Paris FC's current majority shareholder Pierre Ferracci would keep a stake of around 30%.