Luka Modric Joins Swansea City as Minority Owner

Luka Modric, the esteemed Real Madrid midfielder, has taken a significant step into football management by acquiring a minority stake in Swansea City, currently competing in the EFL Championship. This marks Modric's first foray into club ownership while he continues his professional career, aiming to play at Real Madrid until at least the end of the 2024/25 season. His involvement comes after a recent ownership transition at Swansea, led by a consortium of American investors, which promises a 'new era' for the club. Despite Swansea's ongoing financial challenges, including a reported pre-tax loss of £15.2 million, the new ownership group, including Modric, is committed to creating a sustainable future and aspiring for promotion back to the Premier League. Modric's experience and accolades, including six Champions League titles, are expected to provide valuable insights as the club seeks to improve its fortunes. As he embarks on this dual path, Modric is also exploring other business ventures, indicating a keen interest in life beyond his playing career.