Antoine Arnault officially becomes Paris FC president after twenty years under Ferracci

Antoine Arnault is officially president of Paris FC. The board of directors validated on Monday his succession to Pierre Ferracci, who has led the club for twenty years and inherits the title of honorary president.

The decision formalizes in the club’s bylaws a role already exercised in practice by the Arnault family heir, majority shareholder of PFC for two years via Agache, a subsidiary of the LVMH group. “It is an honour and a privilege to succeed, on behalf of my family, Pierre Ferracci. He has been the tireless architect of the Paris FC project for nearly twenty years,” Antoine Arnault said in a statement.

The new president outlined the contours of his ambition: “To build a club faithful to its values, deeply rooted in Paris and the Île-de-France region, close to its supporters, and to young footballers and football enthusiasts.” He stressed progression “step by step, methodically, serenely,” in continuity with the two years of transformation already underway.

Alongside him, Jean-Marc Gallot, until now general director, is appointed deputy president. Pierre Ferracci, for his part, retains a role as representative of the club with the French football authorities until the end of the current season. It is from July 1st that the Arnault-Gallot partnership will officially take the reins, notably with the Ligue de football professionnel and within the Ligue 1 college.