A new step will be taken on Tuesday in the sale process of Paris FC, leader of Ligue 2. In the morning, Pierre Ferracci, the president, and Fabrice Herrault, the general manager, will be alongside Antoine Arnault, for a meeting important to you before the National Directorate of Control and Management (DNCG).
This presentation to the LFP financial policeman of the future majority shareholder and strong man of Paris FC means that the sale of the Ile-de-France club has entered its finalization phase. She once again confirms the information revealed on the site The Team on October 9. In the capital plan planned and presented this morning to the DNCG, Pierre Ferracci will keep approximately 30% of the capital until 2027, date on which he intends to no longer hold office at the club. The Red Bull company will take around 15% and the Arnault family, through the Agache family holding company, will therefore become the majority shareholder of the club, to the tune of 55-56%, while waiting to buy back Ferracci’s shares in three years.
Percentages to be taken with caution since BRI Sports Holding, investment vehicle of the Anglo-Sri Lankan entrepreneur Allirajah Subaskaran, who founded the telephone operator Lycamobile, and 10% shareholder, had not recently reached an agreement for the transfer of his portfolio to the club.
Mandatory exchanges, Antoine Arnault present
This meeting, during which the future shareholders and the project they intend to launch will be presented, will above all make it possible to validate a second time the budget for the current season and confirm the decision of the DNCG of June 19, when no action had been taken against Paris FC. If they are in no way decisive for the sale of the club, these exchanges with the financial policeman constitute a necessary step. It is even written in black and white in appendix 1 of the DNCG regulations which must be consulted “for the purposes of allowing (…) the control and evaluation of plans for the purchase, transfer and change of shareholders of clubs”. There is even a clear obligation for clubs to inform the DNCG of “any plan to change shareholders (…) by allowing them to hear potential buyers of clubs before any takeover”.
Failure to do so can be very costly. The Châteauroux club (N) was sanctioned at the end of June with a fine of €30,000 and a ban on participation in the Coupe de France this season. “for non-compliance with the control procedure before the change of shareholder takes place”. Antoine Arnault will be in front of the DNCG this morning and Paris FC will change eras.
