Paris, a city renowned for its elegance and prominent landmarks, has been home to a solitary top-tier football club: Paris Saint-Germain (PSG), which is owned by Qatar. This exclusivity in French football’s elite tier might, however, be on the verge of changing. A transformation is underway, sparked by one of the most affluent families globally. The LVMH founder, Bernard Arnault, along with his family, has acquired a majority stake in a lesser-known club called Paris FC. Their ambition? To ensure Paris FC ascends to the stature of a formidable competitor, challenging the preeminence of PSG.
Source: https://www.france24.com/en/sport/20250422-can-europe-s-wealthy-arnault-family-transform-paric-fc-into-a-worthy-football-rival
