I've now had the chance to have a look at the French laserdisc, and it's certainly quite different from the most recent Studio Canal release. There is no opening text; just a black screen with the French actor for Ramírez speaking the intro, and the whole of the opening credits have been translated to French. The editing of the wrestling footage also matches the US Cut, rather than the EU Cut editing of the SC DVD.
I think both the LD and the DVD originated from theatrical prints, with the LD showing obvious reel change markers, and the DVD missing small amounts of footage either side of where the reel changes are. I suspect the Studio Canal DVD has perhaps been re-assembled using the EU Cut.
Can anyone who saw this in French cinemas at the time remember if the French language version had the French openings, wrestling footage and Bedsoe clip like the LD?
Either way I plan to try and preserve this version. I'll leave Version 1 as it is; a HD preservation of the Current SC DVD, and Version 2 as a HD preservation of the French LD.