Ed Sheeran has acquired a 1.4% stake in his hometown club Ipswich Town, becoming a minority shareholder.
The big picture: This investment deepens Sheeran's existing relationship with the club, having been the shirt sponsor for both men's and women's teams since 2021.
Key details:
Sheeran purchased his shares through Gamechanger 20 Ltd
He will have long-term use of a personalised executive box at Portman Road
The singer will not join the club's board, as this is a passive investment
What they're saying: Sheeran expressed his excitement: "It's any football fan's dream to be an owner of the club they support, and I feel so grateful for this opportunity."
He added: "I'm not a voting shareholder or a board member, this is just me putting some money into the club I love and them returning the gesture, so please don't get onto me with signing suggestions or tactics to play!"
Club Chairman Mark Ashton stated: "For one of the biggest artists in the world to give us so much of his time and give the Club such incredible exposure around the world, while asking for very little in return, highlights just what makes this relationship such a special one."
The bottom line: While Sheeran's stake is small, his celebrity status and genuine connection to Ipswich could provide intangible benefits as the club embarks on its Premier League journey.
