The Parisian membership shows its new ambitions – Paris FC
Paris FC now has in its ranks a brand new shareholder (minority) and never the least: the Kingdom of Bahrain has entered the capital of the Parisian emblem, additionally as predominant sponsor, introduced the membership.
“The managers and shareholders of Paris FC are pleased to announce the arrival of a new reinforcement: the Kingdom of Bahrain. The operation was carried out through a capital increase to strengthen the club’s equity, allowing the sovereign fund to hold 20% of the company, ”the membership wrote in a press launch.
[📝COMMUNIQUE] – The Kingdom of Bahrain, a brand new strategic companion of Paris FC.
All the data ⬇ # ExploreBahrain
– Paris FC (@ParisFC) July 27, 2020
Bahrain additionally turns into the primary sponsor of the membership, which narrowly escaped relegation final season by ending 17th in L2. “The sporting ambition of the men’s first team is to reach Ligue 1 in the next three years, and to hoist its women’s team as high as possible in the D1 Women’s championship”, guarantees Paris FC.
A brand new international investor anticipated
The membership has not performed within the elite since 1974 and is within the shadow of Paris SG, owned since 2011 by Qatar, Bahrain’s neighboring emirate. It plans a 30% improve in its price range, with out specifying when. “The Paris FC round table will expand in the coming months to a new foreign investor and managers of Ile-de-France companies”, provides the membership, promising that “the management of the membership will proceed to be primarily based on a majority base regional and nationwide ”.