Tom Brady gifted his whole youthfulness to the New England Patriots and Tampa Bay Buccaneers while snatching seven Super Bowls for the two teams. Throughout this period he had little concern over any monetary value.
The player seemed to devote all of his attention to developing a high-profile and successful career after officially leaving the NFL, changing his field of endeavor from accomplished athlete to sports investor. Now, the seven-time Super Bowl champion entered the fray by making an investment in an English football team.
Tom Brady dives into European football with Birmingham City investment
Tom Terrific revealed via video on Thursday that he has joined up with Knighthead Capital Management to acquire a minority stake in Birmingham City Ltd., worth nearly $44 M. In July his friend Tom Wagner bought a 45% ownership in the club before he moved.
Brady responded that he knew the winning formula he intended to implement in the club since he was quite certain he would be asked about his expertise and grasp of English football.
“So here’s the deal: I’m officially coming on board at Birmingham City Football Club,” he said in the video. “And maybe you’re asking, ‘What do you know about English football, Tom?’ And let’s just say, I’ve got a lot to learn. But I do know a few things about winning, and I think they might translate pretty well.”
Welcome to the Blues family, @TomBrady! 💙 pic.twitter.com/ppPyLc6Zsf
— Birmingham City FC (@BCFC) August 3, 2023
Then, Wagner added after he joined the club that in addition to investing in the club and becoming a member, TB12 would also assume the role of chairman of the new advisory board.
“Tom Brady joining the Birmingham City team is a statement of intent. We are setting the bar at world-class. Tom is both investing and committing his time and extensive expertise. As Chair of the Advisory Board, Tom will have a direct impact on the Club.
NFL rule complicates Brady’s Raiders move
Before buying a stake in Birmingham City, the 46-year-old was apparently on his way to buying a minority investment in the Las Vegas Raiders, but that deal was reportedly derailed by an unusual NFL rule.
In a recent vote on the sale of the Washington Commanders, the club owners decided to forbid non-family personnel from owning equity holdings in sports franchises. The new regulation put Tom’s mission for the Raiders at a disadvantage.
The new rule preventing owners from giving equity to employees complicates Tom Brady's proposed purchase of a piece of the Raiders. https://t.co/KaB9FI80mf
— ProFootballTalk (@ProFootballTalk) July 26, 2023
The fifteen-time Pro Bowler was also inclined to be seen as an employee and an equity owner by Raiders owner Mark Davis. Davis argued vehemently against the rule, but the NFL authority paid him no attention.
The future Hall of Famer’s hope to hold equity ties with an NFL team has reportedly been dashed. What is your opinion regarding Bradys’ back-to-back ownership stake? Make sure to let us know in the comments section.
