-
Eric Ries sets out how mission-driven companies can endure
-
بحث رعاية العمالة غير المنتظمة بين وزارة العمل و«مستقبل مصر»
-
Falcons hand 49ers first defeat of NFL season, Vikings remain unbeaten
-
Book examines five forces driving the next phase of Indian startups
-
Readers debate YES Bank bonds, climate commitments and candidate disclosure
-
Lula, Bolsonaro in virtual tie halfway through Brazil vote count
-
مباحثات لتوطين إنتاج المستحضرات الدوائية بين هيئة الدواء و«إيست فارما»
-
Australian politicians pay tribute to wounded lawmaker
-
Antonelli looks to seal title 'in style' after US Grand Prix win
-
Modi opens RBI data centre and cybersecurity training institute
-
Real Madrid century 'just a detail' for Mbappe after Clasico win
-
Nifty heads toward weakest Samvat of Modi era after 13% fall
-
موجة بيع حادة تدفع مؤشرات البورصة المصرية إلى خسائر واسعة
-
Mbappe double helps Real Madrid stun Barca in La Liga Clasico
-
Disappointed Verstappen admits to wrong tyre strategy at US Grand Prix
-
Antonelli wins US Grand but title triumph has to wait another week
-
India trims weekly wheat auction volume despite strong miller demand
-
مخطط لإقامة ثماني بؤر استيطانية جديدة في جبل الخليل
-
Manchester United slump deepens as Liverpool climb with Brighton win
-
Brazil braces for result of knife-edge election after voting chaos
-
Reus sends Bordeaux second in Top 14 with victory at La Rochelle
-
Bleems adds UFFF toys and collectibles through Kuwait partnership
-
الجامعة الإسلامية تنعى ثلاثة موظفين وتدين استهداف حرمها
-
Serbia's student movement ousts longtime leader in parliament poll
-
Real Madrid beat Barcelona in La Liga Clasico
-
Kuwait minister urges focus on investment quality and development impact
-
Antonelli wins US Grand Prix to close on world title
-
Descendants of British slave-owning families support reparations campaign
-
اكتمال المتأهلين إلى ربع نهائي كأس الألف شهيد
-
Israel plans West Bank crossing shutdown for election day
-
دخول خمس شاحنات غاز إلى قطاع غزة
-
Aleksandar Vucic: Serbia's veteran ruler felled by student-led movement
-
Falcons hand 49ers first defeat of NFL season
-
Obama attacks Trump record while campaigning in Ohio and Michigan
-
Kuwait regulators broaden beneficial-owner data cooperation
-
Brazil voting extended in tight race between Lula, Bolsonaro
-
كفاراتسخيليا يتجه إلى الدوحة لإجراء جراحة في الركبة
-
Succession pressures put Gulf family companies at a crossroads
-
'Marine has to win': Le Pen supporters fear for France's future
-
IMF sees regional economy shrinking 1.3% in 2026 amid Iran war
-
دراسة تحذر من مخاطر إرشادات أميركية جديدة للقاح التهاب الكبد «ب» على الرضع
-
QNB expands cross-border funding for AI and digital infrastructure
-
الدفاعات السعودية تحبط سلسلة هجمات حوثية استهدفت مكة والمدينة
-
Brazil votes in tight election as Lula slams polling obstacles
-
France's Le Pen launches presidential bid vowing to restore 'rule of law'
-
'I am here': Opposition leader Machado returns to Venezuela
-
Qatar Charity delivers Braille Qurans to blind readers in Kosovo and Albania
-
Villain intrigue: 'Clayface', Holmes doc lead N. America box office
-
Houthis say attacked Riyadh airport hours after flights resume
-
Bayern beat Freiburg to reclaim top spot after Kompany illness
From Snoop Dogg to Tom Brady, stars flock to English second-tier clubs
When Snoop Dogg sang the praises of Swansea City, it signalled the unlikely arrival of the latest celebrity owner in the once unfashionable Championship, English football's second tier.
The American rapper has joined the Welsh club's ownership structure, investing an undisclosed sum to rub shoulders with former Real Madrid stalwart and World Cup finalist Luka Modric, who has also sunk his money into the club.
"The story of the club and the area really struck a chord with me. This is a proud, working-class city and club. An underdog that bites back, just like me," Snoop said in an introductory video.
In North Wales, Wrexham are dreaming of an extraordinary promotion to the Premier League this season on the back of the enthusiastic and lucrative support of Hollywood star Ryan "Deadpool" Reynolds and fellow actor Rob McElhenney.
Meanwhile, former Super Bowl-winning quarterback Tom Brady has a minority stake in Birmingham City, very much the second club in England's second city after Premier League outfit Aston Villa.
His arrival in 2023 was not met with universal approval, with one fan asking "Tom Brady, who's he?" in the Amazon Prime Video series "Built in Birmingham: Brady and the Blues" which follows his early, whirlwind involvement in the club that includes the sacking of manager Wayne Rooney.
Brady says his is a "visionary role" and he tries -- not always successfully -- to pass on his experience of winning seven Super Bowl winner's rings to the Birmingham players and their young manager, Chris Davies.
But why do so many celebrities want to invest a slice of their fortunes into the Championship?
Christopher Winn, course leader at the University Campus of Football Business (UCFB), told AFP the principal reason was because they see it as an attractive investment -- with the carrot of the Premier League's riches if the team can gain promotion proving irresistible.
"There is the notion of long-term returns, in other words buying low (in a lower league) and selling high," Winn told AFP.
"While on-field success and subsequent off-field returns are no guarantee, should the promised land of the Premier League be reached, a significant profit would likely be generated on any future sale of the club, in other words generating returns for investors well beyond their initial investment and operational outlay.
"Granted, that does not mean the investors are all out to make a return -- football can often be a game of utility maximisation after all, and for some a personally funded passion project."
- 'We could make money' -
Brady's friend and co-owner at Birmingham, the New York-based investor Tom Wagner, reveals in the documentary they originally tried to buy a Premier League team but the deal fell through.
Then the chance to snap up Birmingham presented itself.
"We thought we could make some money, have a good return, which is our ultimate objective, so we just couldn't pass it up," Wagner says.
Birmingham manager Davies has quickly felt the effect of having a sporting icon breathing down his neck -- he good-naturedly recounted to The Times that his attempts to relax on a family holiday in the Maldives were disrupted by Brady insisting on scheduling daily conference calls at the children's dinner time.
In Wagner and Brady's first season, Birmingham crashed down into League One, or England's third division, but with Davies in charge they emphatically secured promotion to the Championship this year, romping away with the League One title with a record points total.
That was largely due to the Americans' injection of funds for new players such as forward Jay Stansfield, acquired from Premier League club Fulham for £15 million ($20.3 million), a huge fee for League One.
Celebrities are active behind the scenes at other Championship clubs.
Birmingham kicked off the season last week with a 1-1 home draw against Ipswich Town, who count multi-million-selling music star Ed Sheeran among their financial backers.
Ipswich confirmed last year that Sheeran had bought a 1.4% stake in his local club and he has been the shirt sponsor for the last four years – although in a cautionary tale for other star owners, his involvement did not stop Ipswich being relegated from the Premier League last season.
R.Shaban--SF-PST