Jude Bellingham Invests in Birmingham Phoenix: A New Era of Community Engagement
Jude Bellingham, the England international and Real Madrid midfielder, has acquired a 1.2% minority stake in The Hundred's Birmingham Phoenix franchise. His investment focuses on community engagement, aiming to offer more opportunities for young people in Birmingham. Warwickshire County Cricket Club remains the majority stakeholder with 50.4% shares.
England international Jude Bellingham has acquired a minority stake in The Hundred franchise Birmingham Phoenix, according to co-owners Warwickshire County Cricket Club. The Real Madrid midfielder's 1.2% holding will primarily focus on community engagement and social projects.
Warwickshire County Cricket Club will continue as the majority stakeholder with 50.4% shares, while Knighthead Capital Management holds 48.4%. Bellingham, 22, expressed his commitment to giving back to his hometown of Birmingham, emphasizing the importance of providing opportunities for kids who lack access to sports.
The investment coincides with the sixth season of The Hundred, a 100-ball cricket tournament, running from July 21 to August 16. The initiative aims to shine a light on increased opportunities for Birmingham's youth.
(With inputs from agencies.)
ALSO READ
Jose Mourinho: The Unfinished Real Madrid Saga
Arbeloa Supports Mourinho's Possible Return to Real Madrid
Real Madrid's Defeat in Court Over Homophobic Chants
Real Madrid President Speaks Out: Perez on Training Spat and Potential Mourinho Return
Florentino Perez Blames Referees for Real Madrid's La Liga Woes
Google News