From Tom Brady to Ryan Reynolds, Tons of Big-Name Celebs Are Pouring Cash Into Soccer Teams
In recent times, a fascinating trend has emerged in the world of sports investment. High-profile celebrities, from athletes to actors, are increasingly investing in soccer teams. The latest addition to this list is none other than Tom Brady, who recently became a minority owner of Birmingham City, an English soccer club. This trend isn't limited to just one sportsperson or actor; it's a widespread phenomenon that's catching on among celebrities.
The Appeal of Soccer Investments
The allure of soccer investments lies in the sport's global popularity and the potential for significant asset appreciation and revenue streams, especially for top-tier clubs in Europe. Jordan Gardner, an American soccer investor, highlights these factors as key drivers behind the growing interest in soccer investments. However, it's not just about financial gains. Celebrities also see this as an opportunity to enhance their own brands while uplifting second- or third-tier clubs.
A-listers and Their Soccer Ventures
The list of celebrity soccer investors is impressive. It includes J.J. Watt, LeBron James, Michael B. Jordan, Will Ferrell, Mia Hamm, Magic Johnson, and Natalie Portman, among others. Each celebrity's involvement varies, with some playing passive roles and others actively participating in the club's operations. For instance, Tom Brady will chair Birmingham City's advisory board and work on health and wellness programs.
The Impact of Celebrity Involvement
While these investments may not yield immediate profits, they hold promise for future value appreciation. As John Mullins from London Business School points out, these are not highly profitable businesses on a day-to-day basis, but their worth tomorrow could be significantly higher than today. Moreover, having a celebrity name attached to a club undeniably boosts its cool factor, enhancing its appeal to fans and sponsors alike.