Foot & Soccer

Kylian Mbappé buys majority ownership of Ligue 2 club

Kylian Mbappé buys majority ownership of Ligue 2 club

Kylian Mbappé recently inked another huge deal after settling his five-year, $75 million contract with Real Madrid. The France captain recently bought an 80% stake in Ligue 2 side SM Caen for $22 million. Mbappé is one of the youngest owners of a European professional soccer club, weighing in at just 25 years old. Mbappé […]

Kylian Mbappé recently inked another huge deal after settling his five-year, $75 million contract with Real Madrid. The France captain recently bought an 80% stake in Ligue 2 side SM Caen for $22 million. Mbappé is one of the youngest owners of a European professional soccer club, weighing in at just 25 years old.

Mbappé will partner with French businessman and Caen shareholder Pierre-Antone Capton to own the club. Caen finished sixth in Ligue 2 last season and is expected to be a contender to claim promotion.

Mbappé has deep ties with Caen

Caen is a historic French club with deep ties to the game’s history. Before becoming a professional club in 1985, Caen was known as one of France’s main, important amateur clubs. They dominated the scene with now-successful teams Nantes, Reims, and Le Havre. However, despite their winning DNA and consistent competitiveness, Caen struggled financially without major backing.

After Caen professionalized, their role as one of French football’s giants lessened. They were a yo-yo club, constantly bouncing between Ligue 1 and 2. They leaned on their successful academy to generate funds, producing players like Raphaël Guerreiro, William Gallas, and Elye Wahi. Despite the investment of American investment fund Oaktree Capital, Caen has toiled in Ligue 2 since 2019.

Mbappé nearly joined SM Caen in 2012 as a teenager. Caen was one of Mbappe’s first and most interested suitors, recognizing his potential as one of Ligue 1’s elite attackers. Mbappé’s parents viewed the club as a healthy environment for Mbappé to develop, but the deal fell through when Caen suffered…


Source link : https://worldsoccertalk.com/news/kylian-mbappe-buys-majority-ownership-of-ligue-2-club/

Author : Deolu Akingbade

Publish date : 2024-07-29 21:03:04

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