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Do you know Real Madrid superstar Kylian Mbappe owns a football club?

Real Madrid's latest star signing, Kylian Mbappe, may be famous for his footballing brilliance, but he is also making strategic strides in the world of business.

Known for his keen interest in diversifying his ventures, the French World Cup winner has expanded his portfolio with an eye-catching investment in professional football.

Kylian Mbappe

This summer, alongside his headline-making transfer to Real Madrid from PSG as a free agent, Mbappe's investment firm, Coalition Capital, made a decisive move into club ownership. Coalition Capital acquired a majority stake in Ligue 2 side SM Caen, replacing the former US-based shareholder, Oaktree Capital.

While the exact purchase amount remains undisclosed, reports from French media indicate the acquisition may have cost around €15-20 million.

Founded in 1913, SM Caen has a storied history, including a fifth-place finish in Ligue 1 in 1992 and a League Cup final appearance in 2005. However, the club has been part of France's second division since 2019, making Mbappe's acquisition potentially transformative for the club's future.

Mbappe's journey to becoming an owner could have taken a different path. According to L'Equipe, before his Caen acquisition, the former PSG star sought to purchase AS Monaco, the club where he spent his early career and made his professional debut.

The financial demands of acquiring a Ligue 1 team, however, made Monaco unattainable, prompting Mbappe to redirect his focus toward SM Caen.

Mbappe's primary focus remains on his career with Real Madrid, but with Coalition Capital at the helm, SM Caen's new direction under Mbappe's ownership promises an exciting future for the club and highlights his ambitions beyond the ground.

Story first published: Saturday, November 2, 2024, 9:07 [IST]
Other articles published on Nov 2, 2024
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