Struggles Mount for Stade Malherbe de Caen Amidst Financial Turmoil
With Kylian Mbappé's investment leading to unanticipated challenges, Stade Malherbe de Caen faces potential relegation to the third division.
Stade Malherbe de Caen (SMC) is facing a precarious situation in French football, teetering on the brink of relegation to National, the country's third division.
The club currently sits with only 19 points, significantly below the threshold for safety, and will play against Paris FC on Monday night in a match that could have dire implications for its future in Ligue 2.
Despite finishing just outside the promotion play-offs in the previous season, the club has encountered what many believe to be an unexpected ‘annus horribilis’ since being acquired by Coalition Capital in September 2024, a firm in which football star Kylian Mbappé holds an 80% stake.
Pierre-Antoine Capton, previously the club’s principal shareholder, retains a 20% interest.
The situation has become increasingly critical, as highlighted in the latest report from the Direction nationale du contrôle de gestion (DNCG), which notes a worsening of the club's structural deficit.
Both Kylian Mbappé’s Coalition Capital and Capton have refrained from commenting on Caen's current troubles, leaving fans and observers to speculate about the club's future.
The current campaign has seen Caen struggle to secure wins, prompting discussions about managerial changes and the overall strategy moving forward.
The financial implications of relegation could be severe, including reduced revenues and potential challenges in retaining key players, further complicating the scenario for the investment group.
This scenario reflects a broader trend in football where financial investments do not always correspond to on-pitch success, emphasizing the unpredictable nature of team performance in competitive leagues.