Deals

Hedge Fund Manager Nears Deal for Birmingham City FC Stake

  • Tom Wagner is co-founder of Knighthead Capital Management
  • He would join other US buyers targeting British football clubs
Why Tom Brady Is Buying a Stake in Birmingham City
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Hedge fund manager Tom Wagner is close to buying a stake in Birmingham City Football Club, according to people familiar with the matter.

Wagner is a co-founder of Knighthead Capital Management, which oversees about $9 billion and focuses on event-driven investing and distressed credit. The New York-based firm declined to comment.