Saturday, September 21, 2024
HomeSoccerPop Star Ed Sheeran Purchases Minority Stake In Ipswich City

Pop Star Ed Sheeran Purchases Minority Stake In Ipswich City

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Some of the profitable pop stars of the twenty first century, Ed Sheeran, has bought a minority stake in newly promoted Premier League membership Ipswich City. Introduced up in Framlingham, Suffolk, the English singer-songwriter has been supporting Ipswich since his boyhood days.

Ed Sheeran Turns into Newest Celeb To Make investments In A Soccer Membership

Popular culture icons buying stakes in soccer golf equipment will not be a novel idea. Ryan Reynolds and Rob McElhenney are proud stakeholders at Welsh membership Wrexham FC, Michael B. Jordan has a stake in Bournemouth, iconic musician Elton John turned Watford’s chairman in 1973, and Will Ferrel is a part-owner of Main League Soccer (MLS) facet Los Angeles FC. The listing goes on and on.

Sheeran, who has given many chart-toppers, together with Form Of You and Excellent, has turn out to be the most recent A-lister to buy stakes at a soccer membership. In an announcement, Suffolk-based Ipswich City has confirmed that Sheeran has bought a minority 1.4% stake on the membership. Sheeran has already been serving because the front-of-shirt sponsor of Ipswich’s males’s and ladies’s groups since 2021.

As per the membership, Sheeran’s “passive and minority funding” will neither grant him a seat on the board nor give him voting rights as a shareholder. The 33-year-old, nonetheless, will get to make use of “an govt field at Portman Street stadium, which he has personalised forward of the 2024/25 season.”

Sheeran Delighted After Investing In Hometown Membership Ipswich City

Asserting his buy, Sheeran stated (by way of NME):

I’m actually excited to have purchased a small proportion of my hometown soccer membership. It’s any soccer fan’s dream to be an proprietor of the membership they assist, and I really feel so grateful for this chance.

I’ve lived in Suffolk since I used to be three years outdated and, whereas I journey the world and generally really feel like an outsider in massive cities, Suffolk and Ipswich have at all times made me really feel a part of the group and guarded.

He concluded by including:

It’s such a pleasure to be a fan of Ipswich City. There are ups and downs however soccer is all about taking the highs and the lows. I’m not a voting shareholder or a board member, that is simply me placing some cash into the membership I really like and them returning the gesture, so please don’t get onto me with signing solutions or techniques to play!  I’m excited for the Premier League to begin this weekend. Let’s go!

Ipswich faces a stern check in its first Premier League outing on August 17, with 19-time English champions Liverpool rolling into city.

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