Luka Modric, the renowned midfielder who has spent 13 successful seasons with Real Madrid, has taken a significant step in his career by investing in and becoming a co-owner of Swansea City. The importance of this move cannot be overstated, as it reflects a broader trend of increasing activism among footballers. Modric now follows his Real Madrid teammates, Kylian Mbappe and Vinicius Junior, in seeking ownership roles at different clubs.
Throughout his career, Modric has been a integral factor in Real Madrid’s success leading the team to six Champs League titles. Now, he’s turning his eyes to the Championships home base. His contract with Real Madrid is set to expire at the end of this season. The cumulative effect, as you can imagine, has led him to search for new opportunities off the pitch. For now Modric is only looking ahead to Real Madrid’s pursuit of a new Champions League title. He is perhaps most excited of all for next week’s quarter-final second leg at Arsenal.
Joining Modric in Swansea’s new ownership group are several high-profile entrepreneurs and executives, including Andy Coleman, Brett Cravatt, Nigel Morris and Jason Cohen. He said in a statement that he was excited by the opportunity to use all his experience from the world of football to help Swansea achieve their goals. Modric believes that his background can provide valuable insights that will benefit the club’s players, stating, “There is no better role model in the game for Swansea’s players.”
No club has been dealt a more debilitating hand than Swansea City. Their most recent financial statements indicate a projected pre-tax loss of £15.2 million for the fiscal year ending June 2024. Modric does understand these challenges, but is hopeful in believing the club could be something special. He appreciates Swansea’s strong identity and incredible fanbase, emphasizing the ambition needed to compete at the highest level.
The Croatian midfielder’s storied career features a four-year stint at English club Tottenham Hotspur, before joining giants Real Madrid. In 2018, he was awarded the coveted Ballon d’Or. With this award, he cemented his place as one of the all-time greats in football history. This new chapter as an investor and co-owner marks a significant shift for Modric, who now aims to impact the game beyond his playing days.
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