Soccer-Mbappe buys into French club Caen via investment vehicle

FILE PHOTO: Soccer Football - Euro 2024 - Semi Final - Spain v France - Munich Football Arena, Munich, Germany - July 9, 2024 France's Kylian Mbappe REUTERS/Lisi Niesner/File Photo

PARIS (Reuters) - France forward Kylian Mbappe is buying a majority stake in second division soccer club Stade Malherbe Caen, the club said on Wednesday.

Mbappe's investment vehicle Interconnected Ventures is buying the stake from private equity firm Oaktree Capital Management. The financial terms of the deal were not disclosed.