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Tom Brady leaving Birmingham City as minority owner, club announces

Brady purchased a 3.3% stake in the team three years ago.

Tom Brady has ended his tenure as a minority owner of Birmingham City, the English football club announced on Monday. The club expressed gratitude for Brady's support over the past three years, noting his experience and passion were valuable assets. Brady acquired a minority stake in the club in August 2023, part of a partnership with New York-based investment firm Knighthead Capital Management, which had also acquired Birmingham City that month.

As an owner, Brady held a 3.3% stake and chaired the club's advisory board. Despite leaving the club, Brady remains a minority owner of two other teams in the United States: the Las Vegas Aces and the Las Vegas Raiders. Birmingham City, which plays in the second-tier English football league known as the Championship, was relegated to third-division League One for the first time since 1995 during Brady's ownership.

However, the team rebounded by finishing first in League One the following season, securing promotion back to the Championship. Currently, Birmingham City leads the Championship with an impressive 8 wins, 5 draws, and 2 losses at the start of the season. A top-two finish in the Championship would grant the team automatic promotion to the Premier League.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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