Football · Birmingham
Tom Brady exits Birmingham City stake as club tops English Championship
The club gave no reason for the exit and did not say what would happen to the stake. Birmingham had moved top of the Championship two days earlier with a 2-1 win over Swansea.
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In brief
Tom Brady relinquished his minority share, which the club confirmed on Monday, 9 November, three years after he joined the ownership group in August 2023.
Birmingham gave no reason for the departure and did not say what would happen to the stake, while The Athletic had reported Brady's holding at 3.3 per cent without voting rights.
Birmingham beat Swansea 2-1 on Saturday, 7 November, to move top on goal difference with 29 points after 15 matches.
- August 2023Brady joins the ownership group through a Knighthead Capital Management partnership
- 7 NovBirmingham beats Swansea 2-1 and moves top of the Championship
- 9 NovClub confirms Brady has relinquished his minority stake
Brady leaves the ownership group
Tom Brady has given up his minority stake in Birmingham City, the English second-tier club announced on Monday, 9 November. The club gave no reason for the departure and did not say what would happen to the share. Brady, 49, joined the ownership group in August 2023 through a partnership with Knighthead Capital Management, whose group is headed by Tom Wagner, his friend and business partner. The Athletic had previously reported that Brady held a 3.3 per cent stake with no voting rights and had no day-to-day involvement at the club. He had also chaired an advisory board that worked with the club's directors and leadership team.
What the club said
Birmingham thanked Brady in a short statement issued on Monday for his backing over the past three years.
“Birmingham City Football Club expresses its sincere gratitude to Tom Brady for his involvement with and unwavering support for the club over the last three years.”
The club also said that Brady had offered help to its sports science department on health, nutrition and recovery programmes, and that players had used his body coach, Alex Guerrero. Reflecting on his time at the club, the statement added the following.
“It was truly amazing to have someone with Tom's experience and passion associated with the club.”
The statement said the club intends to keep building on that base, from its training ground to the city itself.
Birmingham's season and ambitions
Birmingham moved top of the Championship on Saturday, 7 November, after beating Swansea 2-1 at St Andrew's. According to the Guardian, the club sits top on goal difference with 29 points after 15 matches. The club aims to return to the Premier League for the first time since 2011, and Wagner has indicated a desire to reach the top flight. Plans are in place for a new 62,000-capacity stadium in the city. Brady's exit was therefore announced while the club was top of the table.
Brady's wider profile
Brady won seven Super Bowls, with the New England Patriots and Tampa Bay Buccaneers. He holds a minority stake in the NFL's Las Vegas Raiders, and the Guardian also lists a stake in the WNBA's Las Vegas Aces. He works as a television commentator for Fox Sports. Brady's involvement with Birmingham was his most prominent move into English football, and the club has not said whether he will keep any other role.
Timeline of the investment
The key dates in the investment and the club's recent form are set out in the timeline below.
Brady's stake ended three years after he joined the group, and the club's statement came two days after its Championship win.Ask about this text
Sources and context
- N-tvThe sports day: At the league leader: Tom Brady ends investor dealDer Sport-Tag: Beim Tabellenführer: Tom Brady beendet Investoren-Deal · original in German
- watson.ch/Ex-football star says goodbye as investor of Birmingham CityEx-Football-Star verabschiedet sich als Investor von Birmingham City · original in German
- The GuardianTom Brady ends tenure as investor in Birmingham City after three years
- AP NEWSTom Brady exits Birmingham stake as the soccer club tops English second-tier Championship
- Tom Brady
- Seven-time Super Bowl winner and former NFL quarterback who held a minority stake in Birmingham City
- Tom Wagner
- Head of the Knighthead group, Brady's friend and business partner, who took over Birmingham City in 2023
- Places
- Birmingham
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