Birmingham City FC - Buy Land for New Multi Sports Super Stadium

[Brin]

Thought I read not long ago Brum were in debt to the tune of millions £££££'s? If so where's all the cash coming from to buy all this?

[Ericsladkilnhurst]

Thought I read not long ago Brum were in debt to the tune of millions £££££'s? If so where's all the cash coming from to buy all this?

Club bought by Knighthead Capital Management, said to be worth $9bn

Tom Wagner at the helm at the club, who is a millionaire, he's brought American football legend Tom Brady into the project.

[Gainsbro_Miller]

Club bought by Knighthead Capital Management, said to be worth $9bn

Tom Wagner at the helm at the club, who is a millionaire, he's brought American football legend Tom Brady into the project.

Knighthead are buying the land not BCFC.
There is a difference between the club and the chairman or one of his companies developing the stadium complex!

[Ericsladkilnhurst]

Knighthead are buying the land not BCFC.
There is a difference between the club and the chairman or one of his companies developing the stadium complex!

Knighthead Capital buying the site, they also own Birmingham City FC, to which the club will play
at when the project is completed, so still same ownership, i understand where you are coming
from Gainsbro_Miller.
Birmingham City council selling a lot of land off, to bring money into the coffers.

[clarkey1974]

Maybe kind of similair to our case,the council sold their old dwellings site to Tesco,with the money acquired funded the riverside house site and all the land surrounding it.and then we was allowed to build nys on it..