How Soccer Star Kylian Mbappé Became the Majority Owner of a Team

Real Madrid striker Kylian Mbappe has become the majority owner at Ligue 2 club Caen via his Coalition Capital investment fund.

Coalition Capital has bought the 80 per cent of the club’s shares which had been owned by asset management company Oaktree Capital Management, which also owns 99.6 per cent of Italian club Inter Milan.

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Coalition Capital is the investment fund of Interconnected Ventures, founded by Mbappe and “committed to driving continuous innovation in sports, media, and investments”.

Caen — based in the city located in Normandy, 240 km west of Paris — confirmed the transfer of funds from Oaktree to Coalition Capital on Wednesday.

Ziad Hammoud, CEO of Interconnected Ventures, will become Caen

→ Continue reading at The New York Times Sports

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