England and Real Madrid footballer Jude Bellingham has purchased a 1.2% stake in cricket workforce Birmingham Phoenix.
The Edgbaston-based side have been one of many eight Hundred franchises put up on the market final yr and American funding group Knighthead Capital Management, who personal Bellingham’s former membership Birmingham City, purchased a 49% stake for £40m. Warwickshire retained their 51% stake.
Bellingham has taken on 0.6% from every get together, which means Warwickshire nonetheless have management with 50.4%.
The deal, value near £1m, might be confirmed on Wednesday.
Bellingham, 22, is a cricket fan and performed junior cricket for Hagley Cricket Club in Worcestershire.
Asked in an interview final yr which sportsperson he would swap locations with, he stated England Test captain Ben Stokes.
Legendary NFL quarterback Brady can also be a part of the Knighthead group.
