Europe's richest person is about to buy a soccer club with Paris FC deal
Barnard Arnault's family is poised to acquire a 55% majority stake in French football club Paris FC.
AP Photo/Michel Euler, Pool
- Bernard Arnault's family is set to become a majority shareholder in Paris FC.
- The move aligns with LVMH's strategy to diversify into sports sponsorships.
- LVMH recently secured a Formula 1 partnership deal, replacing Rolex.
Bernard Arnault's family is set to invest in Paris FC football club alongside Red Bull as the billionaire LVMH...
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