Pair team up to acquire French second division soccer club from president and majority shareholder Pierre Ferracci.

Paris FC is about to enter a new era! The soccer club from the south of Paris, which is currently struggling to fill its Charléty stadium, is to be bought by the Arnault family, head of the LVMH group and the Red Bull brand, raising hopes of a derby with PSG in the near future!

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,

According to a report by L’Équipe, Paris FC could be on the verge of being sold to Red Bull and the Arnault family who have worked together previously in Formula 1. The current president and the

Just hours after former Liverpool manager Jurgen Klopp was named as the head of Red Bull's football operations, the energy drinks giant was on Wednesday linked with a takeover bid for French second division side Paris FC.

The acquisition would set the stage for a face-off between two soccer clubs owned by rival French luxury groups.