In a significant development, Kylian Mbappe is reportedly set to acquire a controlling stake in the French football club Caen.

According to Le Parisien, the star footballer will invest just under €20 million (£17 million/$22 million) to purchase the majority of the shares in the club. Pierre-Antin Capton will retain the remaining shares, valued at €5 million (£4.2 million/$5.4 million).

Mbappe, who recently became the highest earner at Real Madrid with a net wage of €15 million (£13 million/$16 million) per year, is making a significant financial commitment to Caen.

While his salary at Real Madrid represents a notable decrease from his previous contract with Paris Saint-Germain, he is set to receive a signing bonus exceeding €100 million (£84 million/$108 million) over the duration of his contract, compensating for the pay cut.

Additionally, Forbes has valued Mbappe’s endorsement deals at around $20 million (£16 million) as of early 2024, underscoring his substantial wealth.

READ MORE: https://cinecritiquehub.com.ng/2024/07/29/kylian-mbappe-purchases-his-own-team-becomes-club-ownership/