Real Madrid star Kylian Mbappe's company completes a takeover of Ligue 2 side Caen.
Interconnected Ventures, founded by Mbappe, has bought a majority stake in the French club through its investment arm, Coalition Capital.
France international Mbappe, 25, has reportedly invested around 15m euros of his own money via the investment fund.Pierre-Antoine Capton, current president of the club's supervisory board, remains a minority shareholder. "It is an incredible opportunity for Stade Malherbe Caen to be able to count on Coalition Capital for its development. Its values, commitments and extraordinary vision of sport are unique assets for this project," Capton said.
Caen finished sixth last season and start their Ligue 2 campaign on 17 August against Paris FC. It will come a day before striker Mbappe could make his La Liga debut for Real Madrid against Real Mallorca afterA club statement said: “This transaction marks a significant step in the club’s strategic development and reinforces its natural ambition to remain among the historic places in French football.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Real Madrid reject Carlo Ancelotti's transfer plea despite signing Kylian MbappeReal Madrid have turned down Carlo Ancelotti's transfer request this summer.
Read more »
The strict car rule Kylian Mbappe is being made to follow at Real MadridKylian Mbappe has been gifted a car as part of Real Madrid's sponsorship deal with BMW.
Read more »
Carlo Ancelotti reveals which position Kylian Mbappe will play in Real Madrid's star-studded attackCarlo Ancelotti has finally revealed which position Kylian Mbappe will play in Real Madrid's new star-studded attack.
Read more »
Kylian Mbappe relived iconic Cristiano Ronaldo moment at Real Madrid presentation in front of 80,000 fans...Kylian Mbappe gets officially unveiled to the Real Madrid fans in fully packed Bernabéu Stadium
Read more »
Kylian Mbappe copied Cristiano Ronaldo moment at the end of his Real Madrid presentationKylian Mbappe was officially unveiled by Real Madrid on Tuesday.
Read more »
Spine-tingling moment Kylian Mbappe leads chant for 85,000 Real Madrid fans at Hollywood-style unveiling...Kylian Mbappe unveiled as Real Madrid player after historic transfer as he signs contract and poses with new shirt
Read more »