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Luka Modric won the Ballon d'Or in 2018 and has six Champions League titles to his name Real Madrid and Croatia legend Luka Modric is set to take a minority ownership stake in Swansea City. The 39-year-old midfielder is to join Andy Coleman, Brett Cravatt, Nigel Morris and Jason Cohen among the ownership group. That cohort purchased the shares of former majority owners Jason Levien and Steve Kaplan last November. Modric's move is believed to be his first into football ownership and he will continue to play for Real Madrid, albeit with his current contract due to expire at the end of the 2024-25 season. Swansea post pre-tax loss of £15. 2m Modric signs one-year extension with Real Madrid Latest Swansea City news, analysis and fan views Luka Modric, then of Tottenham Hotspur, competes for the ball with Joe Allen in 2012 when Swansea City were in the Premier League - Allen is in his second stint at Swansea while Modric is a veteran at Real Madrid Modric will be involved at a Championship club which posted a pre-tax loss of £15. 2m in the latest financial year. That was a drop of £2. 7m compared to the pre-tax loss of £17. 9m posted for the previous financial year. Swansea posted a turnover of £21. 5m for the year ending 30 June, 2024. In a statement accompanying their annual financial status, Swansea said: "The board acknowledges that whilst the magnitude of the operational loss is a product of the highly competitive environment within the EFL Championship in which the club currently competes, the club will continue to focus on achieving operational efficiencies in order to maximise the resources which can be invested into the first-team squad. "The costs of operating a stadium and two training facilities are significant and are growing. "In the absence of any immediate prospect of a redistribution agreement between the EFL and the Premier League, the club will continue to be reliant on the support of its ownership group as the main source of funding. " Comments can not be loaded To load Comments you need to enable Java Script in your browser Howe thanks fans as he recovers from pneumonia Marko has 'great concern' over Verstappen future 'Welcome to the club' - Woods leads tributes to Mc Ilroy The Doctor and Belinda embark on an intergalactic journey home Directed by Sam Mendes, the true story of WW2 soldier-cameramen The final five face the toughest interviews of their lives The acclaimed Australian thriller returns with a new twist How coping with 'heartbreak' changed everything for Mc Ilroy Mc Ilroy's dramatic Masters triumph. Video Mc Ilroy's dramatic Masters triumph Corner chicken & Rory Delap 2. 0 - what's the future of football? Six key moments that won Mc Ilroy the Masters Can Swiatek emulate Alcaraz to start clay season? Mc Ilroy's emotional message to daughter Poppy. Video Mc Ilroy's emotional message to daughter Poppy Bayindir's failed Man Utd audition offers Onana dilemma Are record-equalling Hibs Scotland's third force? Rory Mc Ilroy completes career Grand Slam with Masters victory. Audio Rory Mc Ilroy completes career Grand Slam with Masters victory 'We had to put a smile on his face' - Newcastle dedicate win to Howe What's gone wrong for Man City in trophyless season? 'No-one can do what Kevin has' - De Bruyne shines as Man City exit nears Dominant Pimblett stops Chandler for biggest UFC win 'Calm' England have 'great capacity' to regroup 142 unanswered points - who can stop Leinster in Europe? Has 'micro-managed' Premier League become boring? Why Salah turned down '£500m Saudi move' for Liverpool stay Explainer: Semi-automated offsides start in Premier League The rise and poignant fall of Wrexham Deadpool hero Mullin 'He's the chosen one! ' - the rise of Lamine Yamal. Video'He's the chosen one! ' - the rise of Lamine Yamal Copyright © 2025 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.