British singer, Ed Sheeran has purchased a minority stake in his hometown club, Ipswich Town.
According to a statement by Ipswich on Thursday, Sheeran bought a stake in the club worth 1.4% and he will not join their board.
This purchase would earn him an executive box at the Portman Road Stadium as he frequently attends their home games.
“Really excited to announce that I have bought a small percentage of my hometown football club Ipswich Town.
“It’s any football fan’s dream to be an owner in the club they support and I feel so grateful for the opportunity.
“I’ve lived in Suffolk since I was three, and although I have travelled the world and sometimes feel like an outsider in big cities, Suffolk and Ipswich have always made me feel part of a community and protected. It’s such a joy to be a fan of Ipswich Town.” Ed said.
Ipswich is a club who earned an automatic promotion after finishing second in the English Championship last season and set to begin their Premier League campaign at home against Liverpool on Saturday.
The club’s traditional home colours are blue shirts with white shorts and blue socks.