Under the terms of the deal, the holding company of luxury goods tycoon Bernard Arnault, France’s richest man, would take a controlling stake in the Ligue 2 club Paris FC, according to a source close to the matter who asked not to be named.
Related Posts
France’s PM Barnier appoints new government in shift to right
French Prime Minister Michel Barnier on Saturday unveiled his new government after months of political deadlock in the wake of inconclusive snap elections. The cabinet […]
French court moves to sentencing in Gisèle Pelicot mass rape trial
Gisele Pelicot’s lawyer Antoine Camus called for “truth and justice” to be rendered to the plaintiff, whose ex-husband Dominique Pelicot is accused of organising the […]
French PM scraps electricity tax hike plan as opposition threatens to topple government
Political wrangling continues to cast a shadow over the French government’s effort to pass next year’s budget bill through parliament. In one rough session, some […]