France's Soccer Star Kylian Mbappe Acquires Majority Stake in Stade Malherbe Caen

Kylian Mbappe, the French football star and captain of the national team, is acquiring a majority stake in Stade Malherbe Caen. His investment vehicle, Interconnected Ventures, is purchasing the stake from Oaktree Capital Management. Mbappe recently transferred to Real Madrid from Paris Saint Germain (PSG).

Kylian Mbappe, the celebrated forward of the French national soccer team, has taken a significant financial step by acquiring a majority stake in the second division club Stade Malherbe Caen, the club confirmed on Wednesday.

The purchase is being made through Mbappe's investment vehicle, Interconnected Ventures, which is buying the stake from Oaktree Capital Management, a private equity firm. Financial details of the transaction remain undisclosed.

This business move comes shortly after Mbappe completed his high-profile transfer to Real Madrid from Paris Saint Germain (PSG) just two weeks ago. Mbappe is notably known for leading France to victory in the 2018 FIFA World Cup and currently serves as the captain of the French national team.

(With inputs from agencies.)