Former US Secretary of State, Condoleezza Rice, has officially joined the new Denver Broncos ownership group.

Rob Walton, on behalf of his Walton-Penner Family Ownership Group, revealed the news on Monday in a statement.

“We’re pleased to welcome former Secretary of State Condoleezza Rice to our ownership group,” he expressed. 

Condoleezza Rice

“A highly respected public servant, accomplished academic and corporate leader, Secretary Rice is well known as a passionate and knowledgeable football fan who has worked to make the sport stronger and better.”

Rice was the national security adviser under George W. Bush’s administration from January 2001 – January 2005, when she became Secretary of State – a role she held until January 2009.

The amount of her investment in the franchise was not disclosed. The new part-owner also holds ties with the Denver community. 

“She is the daughter of a football coach and served on the inaugural College Football Playoff Committee,” Walton added. “She moved to Denver with her family when she was 12 years old and went on to attend the University of Denver for both college and graduate school. 

“Her unique experience and extraordinary judgement will be a great benefit to our group and the Broncos organisation.”

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