Ligue 1 final standings and UEFA announcements

Arnault Family Acquires Paris FC, Klopp Excited for New Ligue 1 Project

Nov 20, 2024, 04:12 PM

Antoine Arnault, a member of the Arnault family, is set to finalize the acquisition of Paris FC through the family's holding company, Agache. Arnault has expressed his ambitions to build a unique identity for the club, focusing on youth development and creating a distinct legacy. He has ruled out any co-ownership with Red Bull, stating that the Austrian company will only be a minority owner with an 11% stake and will act as a sporting partner. Jürgen Klopp, the former Liverpool manager, has shown excitement for the Paris FC project, indicating a potential advisory role. Arnault also mentioned that despite his involvement with Paris FC, he will continue to support PSG, except during matches between the two clubs in Ligue 1. The project has garnered attention from French President Emmanuel Macron, who has expressed his support for the initiative.