Rap Icon’s Plans to Breathe New Life into Club Face Delays Over EFL Approval Process
A$AP Rocky’s plans to join an investment group aiming to acquire Tranmere Rovers have hit a significant setback as an investor has reportedly withdrawn from the £15 million deal. The rapper, who was set to be part of a consortium led by American businessman Joe Tacopina, had hoped to acquire an 80% stake in the League Two club, leaving current owners Mark and Nicola Palios with a minority share. However, delays in the English Football League’s (EFL) approval process appear to have derailed initial plans.
Tacopina’s consortium, which aims to breathe new life into the club after a challenging few years, was close to finalizing the deal until last week, when a key investor, originally set to provide 30% of the funding, walked away. The individual, while not disqualified by the EFL’s owners’ and directors’ test, reportedly grew frustrated with the extent of documentation required and ultimately opted out, putting the deal on hold.
With A$AP Rocky’s involvement, along with Tacopina’s business expertise, the group had ambitious plans to rebuild the club, potentially raising Tranmere’s profile through a documentary project. Located near Liverpool, the club holds strong growth potential, and the consortium sees it as undervalued—a position they believe could attract new interest.
Celebrity investment has become a notable trend in the football world, with Tranmere’s proposed revamp following the successful example of Wrexham, where Hollywood stars Ryan Reynolds and Rob McElhenney have revitalized the club’s fortunes. Tacopina is now actively seeking a replacement investor to continue with A$AP Rocky’s involvement, ensuring the project stays on course for a long-term transformation.
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