The president of Paris FC, Pierre Ferracci, has explained how Red Bull will help the club grow into a competitive world-class brand in football.
Ranked top of the Forbes’ list of richest billionaires in 2024, the Arnault family, led by Antoine Arnault, son of Bernard Arnault, acquired majority shares in Paris FC.
Founded in August 1969, the club merged with Stade Saint-Germain to form Paris Saint-Germain in 1970 but split two years later.
The club has been languishing in the lower leagues of French football after being relegated in the 1978-79 season.
Red Bull’s 10% stake in the is expected to be a great source of benefit for the Arnault family, who holds 52.4%, with the remaining 37.6% scattered among Alter Paris and BRI.
Speaking to the BBC in an interview, Pierre Ferracci, insisted the club is keen on building from the ground up. Ferracci hopes this is achieved with the help of minority stakeholders Red Bull, who appointed former Liverpool manager Jurgen Klopp as Head of Football Operations, after leaving England at the end of the 2024-24 season.
“The men’s and women’s academies are an aspect of our DNA that the family and Red Bull will want to push even further,” says Ferracci.
“What he [Klopp] did at Liverpool is the kind of thing we should be inspired by, but not try to copy,” he says. “He has the technical vision, the aura, and that unifying effect, and I can’t wait for his arrival,” Ferracci added.
Paris FC, currently competing in Ligue 2, aims at gaining promotion to Ligue 1 and rivalling Paris Saint-Germain, who has monopolized the league since the takeover by the Qataris in 2011.
