Tom Wagner (financier)
Thomas Allen Wagner III is an American financier who is best known as the co-founder and co-CEO of Knighthead Capital Management.
He is also the current co-owner and chairman of association football club Birmingham City.
Career
Education
Wagner graduated from Villanova University in 1992 with a Bachelor of Science in Accounting. He later graduated Beta Gamma Sigma from Columbia Business School in 1999.Knighthead Capital Management
In 2008, he co-founded Knighthead Capital Management LLC alongside Ara Cohen. The company is an investment firm that specialises in "fundamental analysis, operational and financial turnarounds and risk management".Birmingham City
On 13 July 2023, Shelby Companies Limited, a subsidiary of Knighthead, became co-owners of association football club Birmingham City. SCL currently own 45.96% of the side. As a result of the takeover, Wagner became the club's chairman. A month later, on 3 August 2023, former NFL player Tom Brady "entered a partnership" with SCL as a minority owner of Birmingham City.Since the takeover, plans to replace the club's current home of St Andrew's have been in the works. On 9 April 2024, SCL acquired a plot of land in Bordesley Green to use for a new stadium. The proposed New Birmingham City Stadium will host 62,000 spectators and be surrounded by a "Sports Quarter", which will be used by all of the club's teams. The project has an optimistic completion date of 2029.
Despite relegation from the EFL Championship in Wagner's first season at Birmingham City, the club was promoted straight back up as champions of EFL League One the following year.