Footballers buy business of Tony and Cherie Blair: what is known about the deal.
Kiefer Moore becomes a professional landlord
According to The Sun: Kiefer Moore, a 33-year-old striker for Welsh Premier League club Wrexham, has decided to become a professional landlord. Together with two other footballers, he has acquired a property portfolio previously owned by Tony and Cherie Blair. This is already his second job in this field.
Arthur Edwards / The SunNew business partner
Moore, who has 51 caps for the Welsh national team, continues his career and recently played in a match against England at Wembley. He, along with Cherie Blair and her son Euan Blair, 41, has become a co-owner of Oldbury Residential, a company founded in 2014.
The investment group, named Performance Property Group, also includes Christian Ribeiro, a 35-year-old former defender for Bristol City, and Jack Stacey, 29, who currently plays for Norwich. Another participant is Manchester-based property investor Jay Paddy, who helps professional footballers with financial matters.
Impressive property portfolio
On their website, Ribeiro and Paddy offer support for footballers in achieving financial success. However, Moore and Stacey will meet on the field again this season, as Wrexham is currently sharing a position with Norwich in the table.
The Blair family has amassed an impressive property portfolio valued at around £3.3 million, according to the latest data. Their investments began in September 2014 with the purchase of ten apartments for £650,000, and their value is now estimated at around £1 million.
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Good time for investments
Cherie and Tony Blair also own a family home in Hyde Park worth £3.6 million and other assets, including a £1.2 million house and a country house near Aylesbury worth £6 million. In 2022, son Euan bought a luxurious five-storey house in Kensington for £22 million.
This step to sell Oldbury Residential is seen as successful against the backdrop of rumors about a potential new tax on landlords. However, neither Cherie Blair nor the buyers have commented on this deal yet.
This news highlights the growing interest of professional athletes in real estate investments, which is becoming increasingly common in the sports environment. Moreover, the Blairs' active presence in the real estate market indicates their ability to respond positively to financial trends and the needs of professional footballers.
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