Popular English singer Ed Sheeran has acquired a minority stake in Premier League club Ipswich Town.
The newly promoted Premier League side announced this Thursday.
Ipswich Town disclosed that Ed Sheeran, a lifelong fan of the team, took a 1.4 per cent stake in the club, having been a shirt sponsor of both Ipswich men’s and women’s teams since 2021.
Ipswich noted that the 33-year-old singer and songwriter will not join the board at Portman Road, saying his shareholding is a passive and minority investment only.
The club stated: “Ipswich Town can today (Thursday) announce that Ed Sheeran has acquired a minority stake in the Football Club.
“Ed, a lifelong fan who has been the front of shirt sponsor for the Men’s and Women’s teams since 2021, has acquired his shares through Gamechanger 20 Ltd.
“His total stake in the Football Club is 1.4%, and as part of the agreement, Ed will have long-term use of an executive box at Portman Road stadium, which he has personalised ahead of the 2024/25 season.
Ipswich Town promoted to Premier League after 22 years
“Ed will not join the board of the Football Club as this is a passive and minority investment only.”
The singer said: “I am really excited to have bought a small percentage of my hometown football club.
“It’s any football fan’s dream to be an owner of the club they support, and I feel so grateful for this opportunity.
“I have lived in Suffolk since I was three years old and, while I travel the world and sometimes feel like an outsider in big cities, Suffolk and Ipswich have always made me feel part of the community and protected.
“It’s such a joy to be a fan of Ipswich Town. There are ups and downs but football is all about taking the highs and the lows. 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.
“I’m excited for the Premier League to start this weekend. Let’s go!”
Ipswich Chairman Mark Ashton said: “The support Ed and his team have shown us over the last three years has been nothing short of remarkable and for him to make this investment in the club feels like the natural progression in our relationship.
“It’s been a pleasure to get to know Ed and his team over the last three years and we look forward to building our relationship further now as the club enters the Premier League.”
The 2024/25 season sees Ipswich returning to the top flight of English football for the first time in 22 years.
Ipswich begin their new campaign at home to Liverpool on Saturday.
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