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One of the most successful pop stars of the 21st century, Ed Sheeran, has purchased a minority stake in newly promoted Premier League club Ipswich Town. Brought up in Framlingham, Suffolk, the English singer-songwriter has been supporting Ipswich since his boyhood days.
Ed Sheeran Becomes Latest Celeb To Invest In A Soccer Club
Pop culture icons purchasing stakes in soccer clubs is not a novel concept. Ryan Reynolds and Rob McElhenney are proud stakeholders at Welsh club Wrexham FC, Michael B. Jordan has a stake in Bournemouth, iconic musician Elton John became Watford’s chairman in 1973, and Will Ferrel is a part-owner of Major League Soccer (MLS) side Los Angeles FC. The list goes on and on.
Sheeran, who has given many chart-toppers, including Shape Of You and Perfect, has become the latest A-lister to purchase stakes at a soccer club. In a statement, Suffolk-based Ipswich Town has confirmed that Sheeran has purchased a minority 1.4% stake at the club. Sheeran has already been serving as the front-of-shirt sponsor of Ipswich’s men’s and women’s teams since 2021.
As per the club, Sheeran’s “passive and minority investment” will neither grant him a seat on the board nor give him voting rights as a shareholder. The 33-year-old, however, will get to use “an executive box at Portman Road stadium, which he has personalized ahead of the 2024/25 season.”
Sheeran Delighted After Investing In Hometown Club Ipswich Town
Announcing his purchase, Sheeran said (via NME):
“I am really excited to have bought a small percentage of my hometown football club. It’s any football fan’s dream to be an owner of the club they support, and I feel so grateful for this opportunity.
“I have lived in Suffolk since I was three years old and, while I travel the world and sometimes feel like an outsider in big cities, Suffolk and Ipswich have always made me feel part of the community and protected.”
He concluded by adding:
“It’s such a joy to be…
Source link : https://sportslens.com/news/ed-sheeran-purchases-minority-stake-ipswich-town/
Author : Sushan Chakraborty
Publish date : 2024-08-16 10:42:57
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