Real Madrid star scores a stake in The Hundred franchise—£1 million for a local connection!
In a jaw-dropping move that blends football and cricket, Jude Bellingham has snagged a minority stake in The Hundred franchise, Birmingham Phoenix. The Real Madrid midfield maestro has put down around £1 million, further cementing his ties to his hometown. This investment comes from both Warwickshire County Cricket Club and Knighthead Capital, who currently co-own the franchise.
With Warwickshire holding a 50.4% share post-transaction and Knighthead at 48.4%, Bellingham’s entry values the franchise at a whopping £48 million. This valuation stems from Knighthead's initial stake and a control premium on the majority holding. Despite a five-year lock-in period for new investors imposed by the ECB, Bellingham’s involvement has been green-lit, showing that cricket's allure is pulling in talent from other sports.
Bellingham isn’t just a footballer; he has a cricketing past, having played junior cricket for Hagley Cricket Club. His love for the game is evident, as he once said swapping jobs with England Test captain Ben Stokes would be a dream. Meanwhile, Birmingham Phoenix’s quest for their first title continues, with both their men’s and women’s teams gearing up for a big season. The men will be led by exciting talent Jacob Bethell, while the women’s team has Aussie star Ellyse Perry at the helm.
This investment not only highlights Bellingham's passion for cricket but also opens doors for more cross-sport collaborations in the future. Can the Phoenix finally lift that elusive trophy?
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