Mbappe takes over French club Caen after buying majority stake

France and Real Madrid forward, Kylian Mbappe has taken control of Ligue 2 club Caen.
Interconnected Ventures, established by Mbappe, acquired a majority stake in the French team through its investment branch, Coalition Capital.
The 25-year-old France international reportedly invested approximately 15 million euros of his own money via the investment fund.
Coalition Capital now replaces the former majority shareholders, the American investment fund Oaktree.
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Pierre-Antoine Capton, the current president of the club’s supervisory board, will remain 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.
Caen were relegated from Ligue 1 in 2019.
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