Ibrahimovic invests in Swedish club Hammarby

STOCKHOLM: Zlatan Ibrahimovic has acquired roughly a quarter of the shares in Stockholm-based football team Hammarby, the club said on Wednesday.

The 38-year-old former Juventus, Barcelona, Paris Saint-Germain and Manchester United forward has bought 50 percent of American sporting and entertainment company Anschutz Entertainment Group’s (AEG) stake in the Swedish team, according to a separate statement by AEG.

AEG also owns LA Galaxy where Ibrahimovic has played the last two MLS seasons, although he has confirmed he will leave when his contract runs out at the end of the year.

Ibrahimovic had hinted that something was in the works earlier this week when he posted a short video on Instagram showing a football jersey in Hammarby’s colours and the name Ibrahimovic on the back. He said he would not have a playing role for Hammarby.

The club was originally founded in the late 19th century, although it only started a football club in 1915. It has only won the Swedish title once—in 2001. Hammarby are also rivals of Malmo FF (MFF), the club where Ibrahimovic started his professional career in 1999.