Celebrities gravitate towards clubs in the English second division, with Snoop Dogg and Tom Brady among the famous faces involved
In the world of English football, the lower leagues are becoming an attractive investment for celebrities. The latest addition to this trend is American rapper Snoop Dogg, who has invested in the ownership structure of Wrexham football club, based in North Wales.
Celebrities are drawn to lower league clubs for a variety of reasons. The clubs are relatively inexpensive to acquire, offering a combination of passion projects and business opportunities. Their involvement helps increase the club's global profile, attracting more fans, sponsorships, and commercial revenue. The potential for the club to progress up the league system also promises significant financial returns either through promotion or later resale at higher valuations.
Investors often fall into two categories: majority owners and minority shareholders. Majority owners aim for long-term development and financial growth by improving club performance and brand equity. Minority shareholders, like Snoop Dogg, lend their names and social media influence to boost marketing, fan engagement, and the club’s global appeal.
Snoop Dogg's investment in Wrexham allows him to join forces with Luka Modrić, who has also invested in the club. Meanwhile, in the second city of England, Hollywood star Ryan Reynolds and actor Rob McElhenney have previously invested in Birmingham City, another club dreaming of promotion to the Premier League this season.
Tom Brady, the American football legend, has a minority stake in Birmingham City. His arrival was not universally welcomed, with some fans questioning who he was. However, Brady's friend and co-owner, Tom Wagner, revealed they initially tried to buy a Premier League team but the deal fell through.
In their first season, Birmingham City crashed down into League One, England's third division. However, this year, under the leadership of manager Davies, the club has secured promotion to the Championship with a record points total.
Ipswich Town, another Championship club, has seen investment from Ed Sheeran, a multi-million-selling music star. Despite Sheeran's involvement, Ipswich Town was relegated from the Premier League last season.
The carrot of the Premier League's riches if the team can gain promotion is a major factor in celebrities investing in lower league clubs. The passionate fanbases and rich narratives in these clubs also inspire unique content and engagement opportunities, amplifying their appeal to celebrity investors.
As the trend of celebrity investment in football continues, it will be interesting to see how these investments shape the future of lower league football in England.
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