The rapper and the Crystal Palace striker are part of a three-man consortium that has agreed to acquire the assets of the team, which plays in England’s ninth division: VIPs thus boosting their international visibility
Rapper Stormzy and Crystal Palace forward Wilfried Zaha Ready to co-own FTA Croydon Athletic, a club that plays in the Premier South Division of the United Counties Football League, the ninth tier of English football.
Both are part of a three-member consortium that has agreed to acquire the team’s assets.
Football clubs have always been a booming business and have recently attracted investment interest from celebrities.
Hollywood stars Ryan Reynolds and Rob McElhenney own Wrexham AFC: The club has increased its revenue sources from merchandising, media rights and sponsorships since the deal was finalized in 2021.
Lebron James owned a minority stake in Liverpool for over a decade, while Hollywood actor Michael B. Jordan became a part owner of AFC Bournemouth in December 2022.
The phenomenon of stars taking ownership of football clubs gives them an opportunity to consolidate their ownership international visibility With relatively minor financial investments.
This emerging trend may gain momentum as more and more influential celebrities seek to associate themselves with the glamor and prestige of owning a football club.
(TagstoTranslate)United Kingdom