Red Bull are set to purchase Paris FC, in a move that will put them under the remit of Jurgen Klopp in his new role.
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Red Bull in talks to buy Paris FCKlopp appointed as Global Head of SoccerFrench club may adopt Red Bull nameFollow GOAL on WhatsApp! 🟢📱WHAT HAPPENED?
Per L'Equipe, Paris FC is set to be sold to the Arnault family and to Red Bull, in a move that could bring the second-tier club under the purview of Jurgen Klopp, who has been appointed as the group's Global Head of Soccer.
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Red Bull would gain 15% of the stake in the club, with the Arnault family owning 55-56%. Paris' current majority shareholder, Pierre Ferracci, would keep 30%. The Arnault family are one of the richest in the world, and patriarch Bernard has an estimated fortune of $158 billion (£121bn), making him wealthier than Bill Gates.
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The takeover values the club at around €90m (£75m/$98m), although they are dwarfed in terms of reputation and stature by their city rivals, PSG. It remains to be seen if they will be able to challenge them any time soon.
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Paris FC will hope that the takeover goes through swiftly so as not to distract from on-pitch matters. The club are currently top of Ligue 2 and play Troyes after the international break.