France's capital city may finally be about to have a second major football club, and a challenger to Paris Saint-Germain, with a takeover of Paris FC by the country's richest family along with energy drinks giant Red Bull expected to be announced in the coming days.
News broke last week that talks were underway between the club's current majority shareholder, businessman Pierre Ferracci, and the Arnault family, owners of the LVMH luxury goods conglomerate, with Red Bull expected to secure a minority stake.
