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Jude Bellingham acquires 1% stake in Birmingham Phoenix cricket team
via Punch Nigeria1 min read
England and Real Madrid midfielder Jude Bellingham has purchased a 1% stake in the cricket franchise Birmingham Phoenix. This investment, valued at approximately £800,000, gives the England international a minority ownership position in The Hundred side. Birmingham Phoenix competes in The Hundred, a short-format competition designed to expand cricket's appeal. The franchise recently saw American investment firm Knighthead Capital Management acquire a 49% stake for £48 million, with Warwickshire County Cricket Club retaining a 51% share. Bellingham, 21, has a background in cricket, having played at Hagley Cricket Club, and has expressed admiration for England Test captain Ben Stokes. His investment is part of a growing trend of high-profile athletes, including NFL legend Tom Brady, investing in global sports franchises, particularly in cricket competitions like The Hundred.
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