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Reuters
Reuters
Business

French soccer sector shares edge up on possible Messi move to PSG

Soccer Football - Lionel Messi holds an FC Barcelona press conference - 1899 Auditorium, Camp Nou, Barcelona, Spain - August 8, 2021 Lionel Messi after the press conference REUTERS/Albert Gea

Shares in companies involved in French soccer rose on Monday as expectations grew that Argentine soccer star Lionel Messi would seal a transfer to Paris Saint Germain (PSG).

Shares in Olympique Lyon rose 0.9%, while shares in TV group TF1 and Canal Plus owner Vivendi were up 1.3% and 0.2% respectively, as a move by Messi to PSG would likely drive up overall viewing figures for French soccer.

Messi confirmed at a news conference on Sunday that he was talking with PSG about a possible move.

(Reporting by Sudip Kar-Gupta; Editing by Mark Heinrich)

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