Kylian Mbappe buys French childhood club, Caen

Kylian Mbappe buys French childhood club, Caen

French football star Kylian Mbappé is set to acquire a majority stake in SM Caen, a French club, for approximately €20m, according to Le Parisien.

The 25-year-old Real Madrid player will own 80% of the club, with Pierre-Antin Capton, chairman of the supervisory board, holding the remaining 20% worth €5m.

The deal, which has been in negotiations for several weeks, is expected to close soon

Mbappé will reportedly appoint Ziad Hammoud, his brand image team head, and his mother Fayza Lamari as the new president.

This move follows in the footsteps of David Beckham, who also invested in a football club. Interestingly, Mbappé had considered playing for SM Caen earlier in his career.

The club finished sixth in the French second division last season, and this new ownership is expected to bring changes to the team.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
Don’t worship money – Woli Arole tells Christians
Don’t worship money – Woli Arole tells Ch...

Nollywood actor-turned-preacher Woli Arole has sounded the alarm about the growing emphasis on wealth and materialism in modern Christianity....

Nigeria’s Hilda Baci breaks Guinness world record for longest cooking time
Nigeria’s Hilda Baci breaks Guinness world ...

Nigerian chef, Hilda Bassey Effiong, popularly known as Hilda Baci has broken the Guinness World Record for longest cooking...

Real Madrid striker Karim Benzema found guilty in sex tape blackmail case
Real Madrid striker Karim Benzema found guilt...

France and Real Madrid forward, Karim Benzema has been handed a one-year suspended jail sentence and €75,000 fine after...

Write A Comments