Jude Bellingham Acquires Minority Stake in Birmingham Phoenix Franchise
Jude Bellingham buys minority stake in Birmingham Phoenix
Espncricinfo
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Jude Bellingham, the Real Madrid midfielder and Birmingham native, has purchased a minority stake in Birmingham Phoenix, increasing the club's share to 50.4%. The investment, valued at approximately £1 million, comes as part of a broader strategy by Knighthead Capital, co-owners of Birmingham City FC, to enhance sports infrastructure in Birmingham.
- 01Jude Bellingham has acquired a minority stake in Birmingham Phoenix, valued at around £1 million.
- 02Birmingham City FC now holds 50.4% of the shares in Birmingham Phoenix.
- 03Knighthead Capital, which owns Birmingham City FC, holds 48.4% of the franchise.
- 04Bellingham's investment is part of Knighthead's plans to develop a 'Sports Quarter' in Birmingham.
- 05The Phoenix franchise is yet to win a title in the men's or women's Hundred competitions.
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Jude Bellingham, the Real Madrid midfielder and Birmingham native, has purchased a 1.2% stake in Birmingham Phoenix, increasing Birmingham City FC's ownership to 50.4%. This investment, estimated at £1 million, was facilitated by Knighthead Capital, which owns Birmingham City FC and holds 48.4% of the franchise. The English and Wales Cricket Board (ECB) had previously established a five-year lock-in period for new investors, but Bellingham's stake was permitted due to prior disclosures. Birmingham Phoenix, which has yet to secure a title in the men's or women's Hundred competitions, is part of Knighthead's broader initiative to create a 'Sports Quarter' in Birmingham, which includes plans for a new 62,000-seat football stadium. Bellingham, who began his career at Birmingham City FC, is a known cricket enthusiast and has expressed admiration for England Test captain Ben Stokes.
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Bellingham's investment could enhance local sports engagement and infrastructure development, benefiting fans and the community.
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