Sports News of Wednesday, 31 July 2024
Source: BBC
Real Madrid's Kylian Mbappe has completed a takeover of Ligue 2 side Caen.
Interconnected Ventures, founded by Mbappe, has bought a majority stake in the French club through its investment arm, Coalition Capital.
France international Mbappe, 25, has reportedly invested around 15m euros (£12.6m) of his own money via the investment fund.
Coalition Capital replace previous majority shareholders, American investment fund Oaktree.
Pierre-Antoine Capton, current president of the club's supervisory board, remains a minority shareholder.
Caen were relegated from Ligue 1 in 2019.