Aston Villa's owners have further expanded their football empire by securing a deal to acquire a majority stake in French Ligue 2 side Paris FC. Nassef Sawiris and Wes Edens, who also own the Premier League club, have agreed to purchase a 55% stake in the Parisian outfit, with the deal expected to be completed in the coming weeks.
Details of the Acquisition
The acquisition, valued at around €100 million, will see Sawiris and Edens take control of Paris FC, a club that has been in Ligue 2 since 2017. The Egyptian and American billionaires will invest heavily in the club's infrastructure and playing squad, with the aim of securing promotion to Ligue 1 within three years.
Strategic Expansion
This move is part of a broader strategy by the duo to build a multi-club network, similar to the City Football Group or Red Bull's football portfolio. By adding Paris FC to their stable, which already includes Aston Villa and a minority stake in Portuguese side Vitória Guimarães, they can leverage scouting networks, player development, and commercial opportunities across Europe.
Key Points:
- The deal includes a commitment to improve the club's training facilities and youth academy.
- Paris FC will serve as a feeder club for Aston Villa, allowing young talents to gain experience in French football.
- The owners plan to increase the club's commercial revenue through branding and sponsorship deals.
Reactions from Stakeholders
Paris FC president Pierre Ferracci welcomed the investment, stating that it would secure the club's long-term future and accelerate its ambitions. Aston Villa fans have expressed mixed reactions, with some concerned about divided attention, while others see the potential benefits of a broader network.
The deal is subject to approval from the French football authorities and is expected to be finalized by the end of the month.
