DeFi Daily News
Monday, June 30, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Other News Sports

rewrite this title New owners seek Klopp’s aid to transform Paris FC

Associated Press by Associated Press
November 21, 2024
in Sports
0 0
0
rewrite this title New owners seek Klopp’s aid to transform Paris FC
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

The Arnault family, owners of the LVMH luxury empire, plan to draw on Jürgen Klopp’s expertise as part of an ambitious project to transform Paris FC into a force in French soccer.

The family’s takeover of the second-tier club includes bringing energy drink giant Red Bull on board as a minority stakeholder. Klopp, the former Liverpool manager, is set to join Red Bull as head of global soccer in January.

Editor’s Picks

1 Related

“I’ve spoken with Klopp several times, and he’s very, very excited about working with us,” said Antoine Arnault, son of billionaire Bernard Arnault.

Arnault spoke Wednesday at a news conference at the team’s training ground in Orly, located 14 miles south of Paris.

“We’re not coming in alone,” Arnault said. “Red Bull is by our side because we know what we’re good at and what we’re not. We have management skills, but none in football operations.”

Arnault highlighted plans to leverage Red Bull’s tools to tap into the Paris region’s deep pool of soccer talent.

“Paris has probably the best talent pool in the world, rivaling only São Paulo,” he said. “Red Bull’s revolutionary data tools will greatly aid our scouting efforts.”

Arnault also outlined plans for the family’s majority stake.

“This is a family project we started with my brothers and sister,” Arnault told reporters. “We thought it was a good idea to venture into something more thrilling than our usual activities. Football has been my passion since I was 10 years old.”

The family’s holding company, Agache, will acquire a 52% stake in the club, while Red Bull will hold 11%. Arnault will represent Agache on Paris FC’s board.

Current club president and owner Pierre Ferracci will retain 30% for now. He said the takeover has been approved by the French league, with the deal expected to be finalized on Nov. 29.

By 2027, the Arnault family is set to hold around 80% of the shares, with Red Bull increasing its stake to 15%.

The acquisition positions Paris FC as a potential rival to Paris Saint-Germain, the Qatari-backed powerhouse. However, Arnault downplayed any rivalry.

“PSG is a club I’ve loved since I was 12 years old,” he said. “You’ll never hear me say anything negative about it. I don’t exclude supporting two clubs in the capital.”

Arnault described the project as a long-term effort to elevate Paris FC’s men’s and women’s teams to top-tier success.

Ferracci, who has led Paris FC since 2012, emphasized the importance of sustainable growth for the club.

“There’s a sovereignty issue in football,” Ferracci said, referring to the dominance of foreign ownership in French clubs. “If Paris FC can stand out with French investment, it would be a very good thing.”

Created in 1969, Paris FC’s men’s team has yet to achieve any significant success. This year, they lead the Ligue 2 standings with more than half of the season remaining, and their women’s team competes in France’s top-tier league and the Women’s Champions League.

“We’re not doing this to make money,” Arnault said. “We want to provide emotional experiences for fans. We were deeply inspired by the Olympics and their positive impact. While we are not used to wasting money, we’ll work toward financial balance.”

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AidKloppsownersParisrewriteseektitleTransform
ShareTweetShare
Previous Post

rewrite this title OpenAI’s AI Course for Educators Sparks Privacy and Security Concerns – Metaverseplanet.net

Next Post

rewrite this title Sui Blockchain Experiences Downtime: No Blocks Produced For Over An Hour

Next Post
rewrite this title Sui Blockchain Experiences Downtime: No Blocks Produced For Over An Hour

rewrite this title Sui Blockchain Experiences Downtime: No Blocks Produced For Over An Hour

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Configuring Web3j for Android Development

Configuring Web3j for Android Development

July 24, 2024
rewrite this title and make it good for SEOKarnataka Bank shares plunge up to 9% on leadership exits

rewrite this title and make it good for SEOKarnataka Bank shares plunge up to 9% on leadership exits

June 30, 2025
rewrite this title AI+ Will Launch Its First Smartphones in India on This Date

rewrite this title AI+ Will Launch Its First Smartphones in India on This Date

June 30, 2025
rewrite this title Why Spanish Vanadi Coffee’s .1B Bitcoin Bet Will ‘Likely Fail’ – Decrypt

rewrite this title Why Spanish Vanadi Coffee’s $1.1B Bitcoin Bet Will ‘Likely Fail’ – Decrypt

June 30, 2025
rewrite this title XRP Price Springs Higher — Rally Reignited with Bullish Momentum

rewrite this title XRP Price Springs Higher — Rally Reignited with Bullish Momentum

June 30, 2025
rewrite this title with good SEO Crypto Regulation: Turkish Authorities Announce New Stringent Regime – Details

rewrite this title with good SEO Crypto Regulation: Turkish Authorities Announce New Stringent Regime – Details

June 29, 2025
rewrite this title Best-Selling Author Ric Edelman Drastically Changes Crypto Investment Strategy – Here’s His New Stance: Report – The Daily Hodl

rewrite this title Best-Selling Author Ric Edelman Drastically Changes Crypto Investment Strategy – Here’s His New Stance: Report – The Daily Hodl

June 29, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.