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First with the News

Official: Mbappe Aquires Football Club

July 31, 2024
in Sports, Top Stories
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By Victor Kanayo

Reports from France indicate that France captain Kylian Mbappe has concluded arrangement to own a football club.

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This is after he became the majority owner of second-division club Caen.

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Mbappe, 25, who joined Real Madrid from Paris Saint-Germain this summer, will spend 20 million euros ($21.6 million) to buy an 80 percent stake in the Normandy outfit from American investors Oaktree, according to newspaper Le Parisien.

The 2018 World Cup winner almost joined Caen as a teenager before eventually signing for Monaco.

Caen finished in sixth place in Ligue 2 last season and their former players include Mbappe’s France teammate N’Golo Kante and ex-Les Bleus defender William Gallas.

The two-time Ligue 2 champions, established in 1913, start the new campaign by hosting Paris FC on August 17.

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