Kylian Mbappe joins growing squad of footballers investing in European tech
Gone are the days of elite footballers buying pubs. Today’s star players prefer to put their money into tech. Kylian Mbappe is one of the new generation’s leaders. The French captain has his own investment company, Coalition Capital, which just bought a stake in German electronics giant Loewe Technology. The luxury brand has an ambitious business plan. Over the next few years, the company aims to increase annual revenues from €60mn to €300mn. Mbappe’s investment aims to accelerate these ambitions. His 10% holding could also support a mooted IPO, Bloomberg reports. Loewe has not disclosed the transaction’s value, but Mbappe…This story continues at The Next Web
Gone are the days of elite footballers buying pubs. Today’s star players prefer to put their money into tech. Kylian Mbappe is one of the new generation’s leaders. The French captain has his own investment company, Coalition Capital, which just bought a stake in German electronics giant Loewe Technology. The luxury brand has an ambitious business plan. Over the next few years, the company aims to increase annual revenues from €60mn to €300mn. Mbappe’s investment aims to accelerate these ambitions. His 10% holding could also support a mooted IPO, Bloomberg reports. Loewe has not disclosed the transaction’s value, but Mbappe…
This story continues at The Next Web