The captain of the national football team bought 80% of shares for the Stade Malherbe Caen team, his company announced on Wednesday.
France captain Kylian Mbappé has taken over as majority shareholder of Ligue 2 club Caen, Mbappé’s company Interconnected Ventures announced in a statement on Wednesday, July 31. The new Real Madrid player, who came close to signing for Caen when he was younger, has acquired 80% of the shares through Coalition Capital, the investment entity of Interconnected Ventures, replacing US investment fund Oaktree as majority shareholder.
No figure has been released officially but French media reports put the acquisition fee at €15-€20 million. “This transaction marks a significant step in the club’s strategic development and reinforces its natural ambition to remain one of the most successful clubs in French football,” the club said in a statement. “This acquisition will provide Caen with additional strategic resources to strengthen its sporting policy, modernize its infrastructure and develop innovative projects.”
Mbappé’s close friend Ziad Hammoud will take over as chairman of the club. “We are determined to create an environment where young talent can flourish and where the club can defend its identity with strength and ambition,” Hammoud said in the press release.
