NFL legend and Birmingham City co owner Tom Brady is on the verge of becoming a minority owner of the Las Vegas Raiders

Tom Brady, who already holds a 3.3% stake in Birmingham City through Knighthead Capital Management, is expected to be confirmed as a minority owner of the Las Vegas Raiders by the end of the week.

The 47-year-old NFL legend acquired his stake in Blues last August when Knighthead Capital Management and its founder Tom Wagner took a controlling stake in the club through one of its subsidiaries, Shelby Companies Limited.

BIRMINGHAM, ENGLAND – SEPTEMBER 16: Tom Wagner, majority owner of Birmingham City with Tom Brady, co owner of Birmingham City during the Sky Bet League One match between Birmingham City FC and Wrexham AFC at St Andrews at Knighthead Park on September 16, 2024 in Birmingham, England. (Photo by Catherine Ivill – AMA/Getty Images).

The former New England Patriots icon holds about 333 Class B shares, which come with no voting rights.It’s fascinating to see how athletes pivot to business ventures post-retirement. Brady’s moves are definitely one to watch.

Wagner’s grand vision, as revealed in an interview with The Telegraph last month, aims to elevate Birmingham City to the Premier League by 2026 and forge a fierce derby rivalry with Aston Villa, akin to the iconic Manchester United and City matchups. The plan is that on-pitch success will significantly boost the club’s value, potentially offering Brady a substantial return on his investment in the future.

Brady is eyeing another sports investment, with his 10% minority stake in the Las Vegas Raiders NFL franchise likely to be approved soon, as reported by CBS News in America.

This move will also bolster his partnership with Wagner, who is set to join Brady in co-owning the team. The Raiders relocated from Oakland, California, to Las Vegas in 2020, making them Nevada’s first professional NFL team.

The deal has been delayed for over a year because the NFL’s financial committee deemed the 10% sale to Brady and Wagner to be at too much of a discount. As a result, they will need to pay millions more to complete the purchase. With the Raiders valued at approximately $6.7 billion, 10% would be around $670 million.