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Reading: Mbappe, the captain of France, purchases the French Ligue 2 club Caen
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Gulf Press > Sports > Mbappe, the captain of France, purchases the French Ligue 2 club Caen
Sports

Mbappe, the captain of France, purchases the French Ligue 2 club Caen

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Last updated: 2024/07/31 at 1:00 PM
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French forward Kylian Mbappe has made headlines by becoming the majority shareholder of Ligue 2 club Caen. Mbappe’s company, Interconnected Ventures, announced that he has acquired 80 percent of the shares through Coalition Capital, replacing an American investment fund as the majority shareholder. While the official figure of the acquisition fee has not been disclosed, reports suggest it ranges from 15-20 million euros. This move is seen as a significant step in the club’s strategic development to solidify its position in French football.

This acquisition is expected to provide Caen with additional resources to strengthen its sporting policy, modernize its infrastructure, and develop innovative projects. Mbappe’s close friend, Ziad Hammoud, will take over as the chairman of the club. The aim is to create an environment where young talent can thrive and where the club can maintain its identity with strength and ambition. Mbappe, a World Cup winner at the age of 25, is now one of the youngest owners of a professional football club and his investment in Caen has been met with admiration and pride.

Caen, founded in 1913, has a rich history in French football, having finished fifth in the top flight in 1992 and reaching the League Cup final in 2005. However, the club has been playing in France’s second tier since 2019. Mbappe’s connection to Caen goes back to his youth when the club showed interest in him at the age of 13, before he eventually joined Monaco and then Paris Saint-Germain. The mayor of Caen expressed his pride in seeing a champion like Mbappe invest in the club that had initially recognized his talent and potential.

This move by Mbappe comes shortly after his transfer to Real Madrid, where he gave his first press conference as a player. The French superstar’s involvement in the ownership of Caen highlights his commitment to supporting and nurturing young talent, as well as contributing to the development of the club. With the backing of Mbappe and his investment, Caen aims to establish itself as one of the most successful clubs in French football, with a focus on fostering a culture of excellence and ambition.

As a majority shareholder, Mbappe’s influence and resources are expected to have a transformative impact on Caen, enabling the club to elevate its sporting achievements, enhance its facilities, and implement forward-thinking initiatives. The partnership between Mbappe and Caen symbolizes a new chapter for the club, with a shared vision of growth, success, and sustainability. With Mbappe’s passion for the game and his desire to make a positive impact in football, the future looks promising for Caen under his ownership and leadership.

In conclusion, Kylian Mbappe’s ownership of Caen represents a significant milestone for the club and the French football community. His investment not only demonstrates his commitment to the sport but also his dedication to nurturing talent and promoting excellence at all levels. With Mbappe at the helm, Caen is poised for a new era of innovation, growth, and success, as they strive to reclaim their position as a prominent force in French football. The impact of Mbappe’s ownership is expected to be far-reaching, with the potential to inspire a new generation of players and fans, while solidifying Caen’s legacy as a club on the rise.

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News Room July 31, 2024
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