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

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

PARIS : 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 0.9per cent, while shares in TV group TF1 and Canal Plus owner Vivendi were up 1.3per cent and 0.2per cent 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)

Source: Reuters

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