Real Madrid star invests in German company Loewe

by times news cr

2024-09-27 15:47:19

The Real Madrid attacker is taking a stake in a traditional company – which had great difficulties just a few years ago.

Football star Kylian Mbappé is apparently joining the Franconian television manufacturer Loewe as an investor. According to information from the “Süddeutsche Zeitung”, which reported citing company circles, the French international will become a shareholder through his investment company Coalition Capital.

It is not known to what extent the striker, who moved from Paris St. Germain to Real Madrid in the summer, is involved in Loewe. Mbappé has been promoting one of the company’s loudspeaker product lines for several months. With assets estimated by experts at a quarter of a billion euros and an estimated income of 120 million euros, Mbappé is currently the best-paid professional footballer.

Loewe filed for bankruptcy in 2019 and was then taken over by the Russian Khabliev family of entrepreneurs, who live in Switzerland and Slovakia. According to the company, almost 200 people are now working for the company, which was founded in 1923.

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