Football

Tom Brady Steps Down as Minority Owner of Birmingham City, Club Confirms

Tom Brady Steps Away from Birmingham City Football Club Ownership

Tom Brady’s involvement with Birmingham City Football Club has officially concluded. The English football club announced on Monday that the former NFL star is no longer a minority owner, three years after he acquired a stake in the club.

In a statement, Birmingham City expressed their gratitude towards Brady, saying, “Birmingham City Football Club expresses its sincere gratitude to Tom Brady for his involvement with and unwavering support for the Club over the last three years. It was truly amazing to have someone with Tom’s experience and passion associated with the Club, and the Club looks forward to continuing to build on that foundation from the training ground to the Birmingham community.”

Brady initially purchased a minority stake in the club in August 2020, as part of a partnership with New York-based investment firm Knighthead Capital Management, which had acquired Birmingham City a month earlier. Brady held a 3.3% stake in the club and served as the chairman of the advisory board during his ownership.

Although Brady’s tenure in English football has come to an end, he remains a minority owner of the Las Vegas Aces and the Las Vegas Raiders in the United States.

Birmingham City, competing in the Championship, the second tier of English football, faced a pivotal moment during Brady’s ownership when the team was relegated to League One for the first time since 1995. However, the club rebounded impressively, finishing first in League One to regain their Championship status the following season.

Currently, Birmingham City is performing well in the Championship with an 8W-5D-2L record, placing them at the top of the league table. A top-two finish would secure their automatic promotion to the Premier League.

zidane

zidane

Senior Editor and Contributor at FootemAssist.