Categories: Football

The Kingdom of Bahrain buys shares of Paris FC to promote it to Ligue 1.

Paris FC, a club in the French capital that is currently playing in Ligue 2, has a financial injection from a fund from the Kingdom of Bahrain with the aim of achieving promotion to Ligue 1 in a maximum of three years and measure, among others, their neighbors of the Paris Saint-Germain.

“A new strategic partner brings capital into Paris FC to support the club's project, its development, but also its ambitions. Paris FC managers and shareholders are pleased to announce the arrival of a new reinforcement: the Kingdom of Bahrain, “the Parisian club announced.

The 2019/20 season was not a good one for Paris FC, who avoided relegation but finished seventeenth. With this capital increase and entry of Bahrain, with 20 percent of the club in their possession, they intend to relaunch a project that continues to have its largest shareholder in Pierre Ferracci, with 77 percent of the share package.

In addition to this investment, the Explore Bahrain fund becomes the main sponsor of the club with the particular aim of increasing the image and visibility of Bahrain and promoting the discovery of this “discreet but ambitious” country.

If the Paris Saint-Germain is owned by Qatar, with President Nasser bin Ghanim Al-Khelaïfi at the forefront of the multi-billion dollar project, Now it is Bahrain who has bought part of the other, more modest club, in the Parisian capital. to bring it to the French elite.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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