Real Madrid and Croatia star Luka Modric is entering football ownership with a minority stake in Swansea City, joining an ownership group that includes Andy Coleman and others. Although Modric's playing career with Real Madrid continues, he is stepping into a financial role at a club facing economic challenges, including a reported pre-tax loss of £15.2 million for the last financial year. The club's management is looking at operational efficiencies to enhance resources available for the first-team squad amid tough competition and financial constraints.
Luka Modric is set to take a minority ownership stake in Swansea City, marking his first step into football ownership while continuing to play for Real Madrid.
Swansea City reported a pre-tax loss of £15.2 million for the last financial year, reflecting the challenges faced in the competitive EFL Championship.
The Swansea board stated they will focus on operational efficiencies to enhance investment into the squad as they navigate financial challenges.
Swansea acknowledges that the lack of a redistribution agreement with the Premier League means they rely on the support of their ownership group for funding.
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