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New York hedge fund acquires stake in Birmingham City FC after ‘complex’ talks
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fnlondon.comThomas Wagner’s multi-billion dollar hedge fund Knighthead Capital Management has acquired a significant stake in the English football club Birmingham City FC.
New York-based Knighthead Capital Management, which has roughly $9.5bn in assets under management, will have full ownership of St Andrew’s, the home ground of Birmingham City FC through its Birmingham subsidiary Shelby Companies.
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